NVDA gained a massive 197% since our AI first added it in November - is it time to sell? 🤔Read more

China's CCTV slams Western hype of its population decline

Published 20/04/2023, 03:59
© Reuters. FILE PHOTO: Children play next to adults at a park in Beijing, China June 1, 2021. REUTERS/Tingshu Wang
CHNA
-

By Farah Master

HONG KONG (Reuters) -Western media reports on China's population being overtaken by India deliberately ignores China's development, using the topic to "bad mouth" it and advocate decoupling, state broadcaster CCTV said on Thursday.

CCTV's sharply worded commentary said the subtext from Western media in recent years was that China's development was in "big trouble" and that when China's demographic dividend disappears, it would decline, and the global economy would also suffer.

"They slandered all the way and China has developed all the way, creating a miracle of sustainable and stable economic development with a huge population."

India is overtaking China as the world's most populous nation, and will have almost 3 million more people than its neighbour by the middle of this year, data released on Wednesday by the United Nations showed.

"The United States is stepping up efforts to contain China's development and advocate further decoupling and found new hype points from the United Nations report," CCTV said, adding that the West simply equated population size with development achievements.

"Such hype lacks a basic understanding of the law of population development. With the development of human society today, the decrease in birth rate and decline in willingness to bear children are common problems faced by the whole world," CCTV said, adding that Western developed countries generally faced problems such as labour shortages.

Last year, China's population fell for the first time in six decades, a historic turn expected to usher in a long period of decline in citizen numbers, with profound implications for its economy and the world.

Chinese Foreign Ministry spokesperson Wang Wenbin said population dividends did not only depend on quantity but also on quality.

"Population is important but talents are also important...China has taken active measures to respond to population aging," Wang told reporters on Wednesday.

© Reuters. FILE PHOTO: Children play next to adults at a park in Beijing, China June 1, 2021. REUTERS/Tingshu Wang

In Beijing's Guomao business district, Liu, a 40-year old working in finance, said it was an "inevitable phenomenon" that India's population has exceeded China but that his country's economic strength would dominate.

"Our economic strength will still exceed," he said adding that India's population growth "does not have any major impact on us. It doesn’t affect us much."

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.