Predictions
- Government plans to boost childbirth and raise retirement age will fail to address demographic and economic challenges in coming decade
- Ageing population will contribute to increasing fiscal pressure, slower consumer spending and limited economic growth
- Slowing growth will be unlikely to significantly constrain broader policy priorities such as Belt and Road Initiative or military strengthening
Event
State media reported on 23 November that the government will introduce financial and policy incentives to encourage increased birth rates as part of its next five-year plan (2021-2025), details of which will be released in full early next year.
Falanx Assynt is a global intelligence consultancy and leading provider of geopolitical, strategic and business risk analysis since 2003. Falanx Assynt is part of Falanx Group Ltd (LON:FLX) which, through its subsidiaries, provides cyber defence and intelligence services to blue chip and government clients worldwide.