China’s population contracted for the second straight year—as deaths in 2023 rose and births hit a new low—as the world’s second largest economy faces growing risk of demographic crisis. Government data released Wednesday showed that China’s overall population by the end of 2023 was 1.4097 billion, down about 2 million people from 1.4118 billion in 2022, which last year fell for the first time in decades by about 850,000 from 2021. The year-to-year decrease may seem relatively minute, but experts say it represents a significant trend for the country and a major threat to its plans for growth. [time-brightcove not-tgx=”true”] China’s birth rate last year stood at 6.39 per thous
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