Unlock Premium Data: Up to 50% Off InvestingProCLAIM SALE

The Tipping Point: India's Population Explosion Set to Dethrone China's Reign

Published 25/04/2023, 20:10
© Reuters.  The Tipping Point: India's Population Explosion Set to Dethrone China's Reign
CHNA
-

Benzinga - The United Nations has shared the latest global population estimates and projections, indicating that China will soon cede its long-held status as the world's most populous country.

According to the U.N. report, India's populace in April was expected to reach 1,425,775,850 people, matching and surpassing mainland China's population.

The U.N. has said that a specific date when India's population overtakes China's is the approximate result of estimates.

"Uncertainty associated with the resulting estimates and projections implies that the date on which India is expected to surpass China in population size is approximate and subject to revision as more data become available," the U.N. said in its report.

“It’s certainly a critical period for India, but it doesn’t depend only on the demography,” John Wilmoth, director of the U.N.’s population division said.

Also Read: Bill Gates Meets Harvard Classmate Anand Mahindra To Discuss 'Not About IT...But...Social Impact' During India Tour

In 1971, India and China both had nearly equivalent fertility rates, with each woman having just under six children, according to the U.N. However, the implementation of China's one-child policy, in conjunction with economic expansion and increasing income and education levels, contributed to a decline in fertility rates over the years. This decrease occurred well before China began to relax its one-child policy.

"For this century to belong to India, it must make the most of its demographic advantage," the Associate Press quoted Brahma Chellaney, a professor of strategic affairs at the Centre for Policy Research. "China's demographic crisis is timely for India's growth — but only if it can find enough good quality employment for its teeming youth."

India has enacted policies to discourage large families, but the U.N. said the fertility rate had fallen slower than China.

"China and India offer contrasting examples of national trajectories through the demographic transition," the U.N. said in the report.

Read next: From Music to Design: Apple’s Tim Cook Finds Time To Learn From India’s Talent

© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Read the original article on Benzinga

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.