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To state the obvious, the number of births each year determines the number of children, the size of the working-age population 15 to 20 years later (depending on the availability of education), and ultimately the size of the ageing population some 70 years later. Given the significant impact of changes in the number of births […]

The combined effect of growing total real GDP and an increased share of that going to the consumer means that Household Incomes in China will double in the next decade to 2022. This increase in household income means that the distribution of households by income expands out and the higher income segments are where the […]