Pulling Rabbits from Hats
Kung Hei Fat Choi! It's the Year of the Rabbit, and China in particular could do with some leporine energy given the recent news about its demographics. A fall of 840,000 souls in 2022 is part of long-term demographic trends but also an effect of the pandemic resulting not just in more deaths but also in a lower birth rate as uncertain young folk wait to start a family. The Covid baby crunch is a global phenomenon, repeating reductions in the birth rate recorded during the 19