China faces strains as population ages, birth rate falls

Mother of two, Yue Yan looks after one of her daughters at a park in Beijing on Thursday, May 20, 2021. Yue, 35, spends days looking after her 2-year-old and evenings helping her 10-year-old with homework. The ruling party is easing official limits on the number of children each couple can have, hoping to counter the rapid aging of Chinese society. But the number of births is falling. Couples are put off by costs, disruptions to jobs and the need to look after elderly parents.

The ruling party is easing official limits on the number of children each couple can have, hoping to counter the rapid aging of Chinese society. But the number of births is falling. Couples are put off by costs, disruptions to jobs and the need to look after elderly parents. The rise in average age could disrupt official ambitions to turn China into a technology leader and prosperous consumer-driven economy.

Chinese researchers and the labor ministry say the share of working-age people might fall to half the population by 2050. That increases the “dependency ratio,” or number of retirees who rely on each worker to generate income for pension funds and pay taxes forA growing number of retirees, even with children, live alone because sons and daughters have left home for work.

Ruling party leaders meeting Monday agreed to raise the retirement age, the official Xinhua News Agency reported, without giving details.

Y'all created a whole ass generation of just boys smhhhh good luck tryna counter that

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