Wry & Dry

China: the total employed population will fall sharply over the next two decades

Projected Trends in Total Population, Employed and Working Age: 2015 to 2035

China demographics

"So what?" W&D hears readers ask.  Well, firstly, don't be surprised with a steady downward trend in China's GDP growth rate.  It was always going to happen - and the country is still growing.  

Secondly, and probably more importantly, the data might provide an impetus for the Australian government to consider programmes to boost Australia's productivity, so that the reliance on Quarry Australia diminishes.