Beijing has industrialized faster than any nation in history. Now, it is also ageing faster than any nation.

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BAKU - There is no doubt that China is emerging as a regional powerhouse. In the past thirty years, its GDP has grown from just 177 billion USD to 12,2 trillion USD. But there is a flaw in China’s model of growth. Demographic data shows that the country is now facing a severe decline in population. China’s fertility rate is dropping, people are living longer, and the workforce is shrinking. For a country whose young workforce is the backbone of its economy, these demographic trends are harbingers of social, economic and political disaster.

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