China has a looming demographics problem. The country's elderly population will keep growing over the next several decades, while its working-age population will keep shrinking. In a recent note to clients, Deutsche Bank's chief international economist Torsten Sløk shared a pretty scary chart showing just how significant this change will be. The chart shows the old-age dependency ratio, or the ratio of workers to retirees in the country, from 2000 going into 2050. As you can see below, the lin...
China has a looming demographics problem. The country's elderly population will keep growing over the next several decades, while its working-age population will keep shrinking. In a recent note to clients, Deutsche Bank's chief international economist Torsten Sløk shared a pretty scary chart showing just how significant this change will be. The chart shows the old-age dependency ratio, or the ratio of workers to retirees in the country, from 2000 going into 2050. As you can see below, the lin...
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