China is struggling to reverse its declining births, with some estimates expecting drops of more than 10% this year to below 9 million, as young people remain wary of their economic prospects even after the end of the country's stringent zero-COVID restrictions.
"China's newborns have declined by 40% over the past five years, and the number of births in 2023 will be over 7 million or over 8 million at most," Qiao Jie at Peking University's medical school was quoted as saying in August by Chinese media.
A researcher at YuWa Population Research estimates 8.5 million births.
Only a question of time before first Nigeria and later Pakistan (!) surpasses China in total births. China heading for sub-1 TFR territory and I doubt it will ever go up again. Overeducation is a big problem, as in South Korea. This is also true in the West. No more than 10-15% of the population should go to university. Obession with credentialism is delaying family formation.
But there are also cultural issues at root here. I don't think a few grants will turn this around. The good news is that this demographic time bomb won't hit China until 20 years from now. The world we will live in then will likely be radically different.