China’s Population Crisis

中国的人口危机

Economist

2026-01-27

15 分钟
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  • I want you to start by picturing a machine.

  • A massive, complex, humming economic engine.

  • Right.

  • And when you look at the specs, they are just mind-blowing.

  • It's got a workforce of over 850 million people.

  • I mean, to put that in perspective,

  • that is a labor pool larger than the United States and all of Europe combined.

  • Exactly.

  • It's the engine that really built the modern global supply chain.

  • It's that sheer scale of human capital that has defined,

  • you know, the last 30 years of economic history.

  • It's a Titan.

  • But then, you look at the maintenance report for 2025

  • and there's one gauge, just one specific number,

  • that has dropped deep into the red zone.

  • That number is 7.92 million.

  • And that is the figure that has absolutely rattled the demographic community.

  • It's a number that feels like it belongs to, well, a different era entirely.

  • And that's what we are unpacking today.

  • We're not just going to read you a list of stats.