Money Cannot Fix China's Population Decline
Breakpoint
Colson Center
4.8 • 3.1K Ratings
🗓️ 20 February 2024
⏱️ 6 minutes
🧾️ Download transcript
Summary
Population rates struggle where marriage and family are not viewed as a key foundation to livelihood.
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Transcript
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| 0:00.0 | Walk on a breakpoint, a daily look and an ever-changing culture through the lens of |
| 0:04.2 | unchanging truth. |
| 0:05.2 | The Colson Center, I'm John Stone Street. |
| 0:09.4 | Last year, the population of the nation of China dropped by at least 2 million people. |
| 0:13.8 | That numbers over double the nation's population decline in 2022. |
| 0:17.8 | For context, that would be like the US losing the entire population of the state of Nebraska |
| 0:22.2 | or the city of Houston in a single year. |
| 0:25.0 | And what continues to drive China's drastic decline in population is a drop in births. |
| 0:30.0 | In the last five years, the number of births there has dropped by almost half, according to China's National Bureau of Statistics. |
| 0:37.0 | In 2017, China reported 17 million births. |
| 0:41.0 | In 2023, it reported only 9 million. That's a number that fails to replace |
| 0:46.7 | the 11 million who died that year. In 2016, China revoked its infamous one-child policy. |
| 0:53.0 | In more recent years, local governments and corporations have made concentrated efforts to encourage |
| 0:59.0 | and even financially incentivize citizens to have more kids. |
| 1:03.0 | In Hong Jo, the local government offered $2,800 to those who had a third child in the year |
| 1:09.4 | 2023. |
| 1:10.9 | And when Jo, parents were offered over $400 for every child they had. |
| 1:16.0 | Some companies are now offering cash bonuses for the first five years of a child's life. |
| 1:21.0 | And yet, despite all these efforts, China's population continues to decline, |
| 1:26.1 | even more than the year before. To be clear, though its situation may be the most dramatic, |
| 1:30.6 | China is not the only country that faces population decline. |
| 1:34.3 | Countries across the developed world from Europe to East Asia have birth rates that are well below |
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