BEIJING: The number of retirees in China is set to rocket to around a third of the population, meaning fewer workers and more dependents — a demographic time bomb for the world’s second largest economy.Here is a look at some of the big questions facing China as its citizens get older:- How many elderly does China have? -The number of people in China currently aged 60 or over is about 264 million, or about 18% of the population, according to this week’s census data.But by 2050 this is set to increase to nearly a third of the population.There are big economic implications, with the number of retired people per 100 workers set to jump from 17.8 people now to 46.7 in 2050.That compares to only a
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