Commentary: Raising the retirement age won’t defuse China’s demographic time bomb

Commentary: Raising the retirement age won’t defuse China’s demographic time bomb

THE NEED FOR MIGRATION There is, however, something that can mitigate this trend: Immigration. Many of the major countries of the world with very low fertility rates rely on international migration to provide young workers – and these young immigrants also have more babies than the local people. Compare, for instance, China’s low rate of … Read more