News > China re-assessing labour policies amid shrinking population

China re-assessing labour policies amid shrinking population

As China's population is shrinking, Beijing is re-assessing the labour policies given that a simultaneously reducing working population will have major implications for the Chinese economy as well as the global economy. The weight a country with a record population carries in the international community will also reduce, and so will the country's influence. The number of Chinese fell by 850,000 from the previous year to 1.4118 billion, official statistics showed.