China’s population is growing old. In fact, it’s aging at one of the fastest rates ever recorded. A continually shrinking workforce will have trouble with funding healthcare and elderly welfare. That means higher long-term costs for retirees, which may fall onto their offspring. Coupled with a decelerating economy, that’s bad news for young couples trying to start a family. Recent studies that say cigarettes might kill one in three of all young men in China make the situation look even more dire.
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