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  • Editor’s Picks / 29 November 2015 at 23:52 GMT

    Demographic change in China spells business opportunity

    Nikkei Asian Review
    Japanese companies are investing in China to prepare for demographic changes, seeking to capitalize on a rapidly ageing population and a potential baby boom with the loosening of the one-child policy. China has 212 million people aged 60 and older, or 15.5% of the population. That figure has risen by 8.6 million per year in the past five years and it will grow further. The relaxation of the one-child policy could change the makeup of China's population as well. With more than 90 million women now allowed to have a second child, child-related consumer spending will likely increase. Population trends are creating promising opportunities in health care, pharmaceuticals and nursing services.
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  • Editor’s Picks / 09 April 2015 at 23:12 GMT

    Wealthy financial hub image hides sad demographic reality

    The Jakarta Globe
    Guess which East Asian city has the most serious ageing problem? It's the city with the most Rolls-Royce cars per head – Hong Kong. Behind its image of a wealthy global financial centre, a growing number of elderly have to sweep streets or collect cardboard to stave off poverty. The OECD and WHO forecast that Hong Kong will have the highest share of population aged 65 years and over in Asia by 2050 with 42%, outpacing Japan’s 39%. Rival financial centre Singapore has announced plans to strengthen social security support for older workers. The island’s demographic challenge mirrors Hong Kong’s, with the median age of its citizens set to rise to 47 in 2030, from 39 in 2011.
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