China's population falls for a third straight year, posing challenges for its economy
Briefly

China's population reported a decline for the third consecutive year, dropping to 1.408 billion by 2024. This shift indicates a growing demographic crisis with both an aging populace and a diminishing workforce.
The government noted that rising living costs are prompting young people to delay marriage and childbirth, opting instead for higher education and career pursuits, a trend mirrored across East Asia.
China's long history of population growth faced increasing challenges post-World War II, where policies—and later the controversial 'one child policy'—aimed to control the rapid increase in births.
Countries like China that restrict immigration face significant risks as aging populations continue to rise and birth rates decline, compounding the demographic challenges already present, such as food security.
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