China's population declines for second consecutive year
Image Credit: moroccoworldnews
China experienced a population decline for the second year in a row in 2023, with the total number of people dropping to 1.409 billion, a decrease of 2.75 million from the previous year. The National Bureau of Statistics points to a falling birth rate and a surge in COVID-19 deaths after strict lockdowns were lifted as the main reasons for this decline. This downward trend has sparked worries about the future growth potential of the world's second-largest economy.