China releases population census with enormous implications for the country's future

China's population is growing at the slowest pace in decades. That's according to the latest census data out this morning. There are currently 1.4 billion people living in China. That's just over 5 -percent more than a decade ago. But what has many in Beijing worried: the birth rate remains weak and the population is getting older. The number of Chinese citizens between 15 and 59 has dropped by 7 percent, while the number of people over 60 continues to rise. A demographic shift like this is likely to have significant economic and political implications for the world's second biggest economy.

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