摘要
With chilly headwinds blowing through a number of sectors, the global economy is undoubtedly entering a downward cycle. More disturbing, though, is the slack emanating from an aging society that is posing a headache to countries of the world. China is no exception, with its population bonus expected to dry up around 2015. Ha Jii lg, chief economist at China International Capital Corp. Ltd., discussed these issues in an article recently published in the Shanghai Securities Journal. Edited excerpts follow:
With chilly headwinds blowing through a number of sectors, the global economy is undoubtedly entering a downward cycle. More disturbing, though, is the slack emanating from an aging society that is posing a headache to countries of the world. China is no exception, with its population bonus expected to dry up around 2015. Ha Jii lg, chief economist at China International Capital Corp. Ltd., discussed these issues in an article recently published in the Shanghai Securities Journal. Edited excerpts follow:
