8 Charts That Explain What's Really Happening With Chinese Demographics

China announced that it would loosen its decades old one-child policy at the third plenum. Couples will be allowed to have more than one child if at least one of them is an only child. Not only did the policy exacerbate labor shortages, it also skewed China's sex ratio. "China’s demographic dividend is gradually turning into a deficit, adding headwinds to underlying growth momentum," write Morgan Stanley's Yuande Zhu, Helen Qiao, and Yin Zhang. We picked out 8 key charts from Morgan Stanley th...