China’s Population Stalls With Births in 2021 the Lowest in Modern History

The number of newborns in China fell for a fifth straight year to the lowest in modern Chinese history, despite Beijing’s increasing emphasis on encouraging births.

Last year’s 10.62 million births, down from 12.02 million in 2020, barely outnumbered the 10.14 million deaths, the National Bureau of Statistics said Monday, suggesting the day may be near when China’s population starts to shrink. Some analysts believe the population may have already peaked.

At the end of 2021, China’s population was 1.413 billion, up only 0.034% from the year-earlier 1.412 billion at end 2020. The birthrate—the number of births per thousand people—slipped

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China’s Strict Covid Policies Creates Risks for the Global Economy

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Xi’an in China’s northern Shaanxi province is under a Covid-19 lockdown.

STR/AFP via Getty Images

As Omicron cases soar in the U.S., policy makers are following a different playbook than March 2020. That is not the case in China, where a strict zero-tolerance policy is putting cities into lockdown and creating the risk of a rippling effect through supply chains—and eventually the global economy.

In Xi’an, a northwest city bigger than New York City with about 13 million people, restrictions are leading to concerns about food shortages and drawing some to make comparisons to the lockdown in Wuhan

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Japanese language traced back to farmers in China’s northeast: int’l research group

This 2008 photo provided by Mark Hudson shows excavations in progress at the Nagabaka site on Miyako Island in Okinawa Prefecture.

TOKYO — The origin of the Japanese language can be traced back to farmers who lived near the West Liao River in northeast China about 9,000 years ago, announced an international team of researchers.

The team, led by the Max Planck Institute for the Science of Human History based in Germany, consists of linguists, archaeologists, and anthropologists specializing in genetics from Japan, China, South Korea, Russia, the

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China’s property crackdown sinks economic growth to 90s levels | Financial Markets

China’s economy is slowing to the lows seen way back in 1990 — a price President Xi Jinping seems willing to pay to reduce its dependence on the property sector.

Beijing’s squeeze on the real estate sector will linger into next year and beyond, a development many hadn’t seen coming that has now prompted banks like Goldman Sachs Group Inc., Nomura Holdings Inc. and Barclays Plc to cut their growth forecasts in 2022 to below 5%.

Bar last year’s pandemic year, that would be the weakest in more than three decades.

It’s a big stepdown from pre-pandemic rates closer to

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Xi Jinping has rewritten China’s history, but even he can’t predict its global future | Rana Mitter

Last week, Xi Jinping gave himself full Marx. The Chinese Communist party’s sixth plenum, a gathering of top political cadres, passed a resolution on “Certain Questions in the Party’s History”, in which Xi’s system of thought was defined as “Marxism for the 21st century”. Not only that, but that it also served as “the essence of the Chinese culture and China’s spirit”.

These are not terms that sound natural in English, but their significance is immense, because only two previous resolutions of this sort have ever been passed – in 1945 and 1981. The resolutions on party history

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By falsifying history, China’s leaders risk repeating past mistakes

FOR WORLD leaders the past few days have been frantic with diplomacy—a flurry of meetings in Rome and Glasgow to discuss everything from covid-19 to climate change. Conspicuously absent, however, has been China’s president, Xi Jinping. Since the early days of the pandemic, he has shunned face-to-face contact with the outside world. Just at the moment, he seems to welcome time at home to ponder. A big meeting will soon begin in Beijing. Top of its agenda will be a topic that Mr Xi sees as crucial: the party’s own history. Odd as it may seem,

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The next shock in the pipeline for China’s economy: energy crunch | Business and Economy News

China may be diving head first into a power supply shock that could hit Asia’s largest economy hard just as the Evergrande crisis sends shockwaves through its financial system.

The crackdown on power consumption is being driven by rising demand for electricity and surging coal and gas prices as well as strict targets from Beijing to cut emissions. It’s coming first to the country’s mammoth manufacturing industries: from aluminum smelters to textiles producers and soybean processing plants, factories are being ordered to curb activity or — in some instances — shut altogether.

Almost half of China’s regions missed energy consumption

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Is the resource curse hard-baked into African economies? China’s approach hints that it may not be

Countries with abundant natural resources – gold, diamonds, crude oil– often fail to transform that advantage into favourable development outcomes. This is known as the natural resource curse. Countries like Nigeria, Angola and the Democratic Republic of Congo are often cited as examples.

Several explanations have been offered for the resource course. These include the lack of government accountability usually associated with large windfalls from natural resources relative to other sources of tax revenues. Others are an increase in the local currency against major currencies such as the US dollar, which makes it difficult for other sectors of

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Oil Prices Down Over China’s Economy, Output Rise Concerns

Oil prices were down by more than $1 yesterday on worries over China’s economy after a survey showed growth in factory activity slipped sharply in the world’s second-largest oil consumer, with concerns compounded by a rise in oil output from Organisation of Petroleum Exporting Countries, (OPEC) producers.

Brent crude oil futures skidded $1.12, or 1.5 per cent to $74.29 a barrel while US West Texas Intermediate (WTI) crude futures dropped 97 cents, or 1.3 per cent to $72.98 a barrel after slipping to a session low of $72.87.

“China’s been leading economic recovery in Asia and if the pullback deepens,

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A drop in China’s unemployment rate hides a lack of jobs | Business and Economy News

China’s unemployment rate has steadily dropped from last year’s pandemic peak though a lack of jobs for graduates and a shortage of skilled manufacturing workers point to underlying problems in the labor market.

The urban jobless rate fell to a two-year low of 5% in May, official data showed last week, but unemployment for those between the ages of 16-24 — which captures graduates from school and college — was more than double that at 13.8%.

Anecdotal reports suggest a mismatch between jobs and skills in the economy, which could prevent the jobless rate from falling much further. Part of

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