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Barclays estimates China's workforce might shrink by 37 million within the next decade. The projection covers demographic trends affecting labor supply.
citizen.co.zaBarclays estimates China's workforce might shrink by 37 million within the next decade. The projection is based on current population trends and labor force participation rates.
China's working-age population has been declining for several years due to low birth rates and an aging population. The reduction could affect sectors that rely on large numbers of workers.
Lower workforce numbers may influence productivity and economic growth rates. Government policies on immigration, retirement age, and family support could shape future labor supply.
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