China’s birth rate has dropped to its lowest since records began. This comes despite Beijing’s best attempts at encouraging the population to have children—including discouraging the use of condoms by taxing.
Meanwhile, there continues to be more doom and gloom with China’s property sector—second-hand house prices are continuing to drop, and real estate agents are reportedly encouraging sellers to accept lower prices.
On the flipside, China’s humanoid robot makers seems to be taking off, with record sales outperforming its US counterparts. Perhaps robots can fill many of the jobs left open by a shrinking population, but they certainly won’t be buying apartments or spending money on consumer goods.