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China’s shrinking workforce affects economic transition, expert says

A
ccording to demographer Zeng Xiangquan, the head of the China Institute for Employment Research at Renmin University, the country's pool of workers will fall to 906 million this year as a downward trend continues. This will result in higher labor costs and the potential for Chinese companies to turn to less-expensive Southeast Asian countries for production.
9 months ago
Sky Canaves
By Sky Canaves
Sky Canaves previously reported for The Wall Street Journal in Beijing and Hong Kong, where she covered media, culture, social issues, and legal affairs, and served as the founding editor and lead writer of the WSJ’s China Real Time site. Prior to becoming a journalist, Sky worked in the China corporate law practice of Baker & McKenzie, and she has also taught journalism and media law at the University of Hong Kong. She speaks Mandarin and has accumulated more than a decade's experience living, studying and working in China.
China in 2 minutes a day
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