What does a world with billions of old people look like? Asian countries are searching for answers

What does a world with billions of old people look like? Asian countries are searching for answers
- January 30, 2023
- Wang Feng, sociology, Grid, Jan. 30, 2023
Beyond the workforce issues, China — like the other aging nations — will need to care and provide for its fast-growing group of older citizens. Wang Feng, a sociologist [and professor] at the University of California, Irvine, wrote in a 2018 study that pension costs could burn up half the government’s revenue by midcentury. Meanwhile, healthcare costs will soar. In China, young people have typically cared for elderly family members, but with fewer and fewer young people, the state will face a greater burden.
For the full story, please visit https://www.grid.news/story/360/2023/01/30/what-does-a-world-with-billions-of-old-people-look-like-asian-countries-are-searching-for-answers/.
Would you like to get more involved with the social sciences? Email us at communications@socsci.uci.edu to connect.
Share on:
Related News Items
- Why China's young people are not getting married
- China's population is shrinking. It faces a perilous future.
- Desperate for babies, China races to undo an era of birth limits. Is it too late?
- Single mothers in China face fewer hurdles as Beijing tries to boost births
- China province to offer benefits to single parents as birth rate drops