China is now supporting more people over 65 than children under 15

China now has more elderly dependents than children for the first time, a demographic milestone that adds to the mounting pressure facing the world’s second-largest economy. The country’s old-age dependency ratio, which measures the number of people 65 and older as a share of the working-age population, rose to 23.1% last year, overtaking the child dependency ratio of 22%, according to data released last week by the National Bureau of Statistics (NBS) and reported by Yicai .

Source: Fortune Crypto