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- ON FRIDAY, the National Bureau of Statistics announced that China's working-age population shrank last year. In the slow-moving world of demographics, that felt like a dramatic turning point: "peak toil", if you like. The mobilisation of Chinese labour over the past 35 years has shaken the world. Never before has the global economy benefited from such a large addition of human energy.
ButterflyEffect · 4474 days ago · link ·
It would be interesting to see if jobs in the same age range in countries such as Vietnam, Laos, and Bangladesh have increased over the past year. Perhaps corporations are outsourcing to different companies that will perform generally menial tasks for cheaper. It will be interesting to see what happens with China 10 or 15 years down the road, once you start to have little to no Chinese left from the pre one child policy times.