How Hong Kong, Singapore and different high-income Asian societies can defuse their demographic time bomb
The Covid-19 pandemic, which exhibits no signal of abating, made 2020 a landmark yr. Nevertheless it was additionally a milestone yr from a demographic perspective.
From January to November 2020, there have been some 39,900 births and 45,400 deaths in Hong Kong, a pure lower of 5,500 individuals. Births fell sharply, by 17 per cent, whereas deaths rose by 4 per cent through the first 11 months of 2020 in contrast with the identical interval in 2019. It is vitally probably that the annual variety of deaths will exceed that of births…