By Alex Vuocolo 

Headlines out of China were a drag on world markets Tuesday morning. 

The country recorded 850,000 fewer people at the end of 2022 than the previous year. While China's rate of population growth has been slowing for years, most experts were not expecting a decline for at least another decade. This is the first drop since the 1950s, when the Communist Party's attempts to rapidly industrialize and collectivize farming led to a massive famine. 

It's unclear how much the COVID-19 pandemic contributed to the decline, given the lack of transparency around the country's reporting practices. What is clear is that one million fewer babies were born in 2022 than the year before, while deaths jumped from 10.14 to 10.41 million. 

China's leaders have long considered overpopulation a problem, but in 2016 the government ended its controversial one-child policy in an effort to bolster birth rates. 

Meanwhile, the country also reported its second-lowest growth rate in at least four decades. 

The second-largest economy in the world grew by 3 percent in 2022, which is less than half the 2021 rate of 8.1 percent — though slightly higher than the 2.4 percent rate in 2020, when countrywide coronavirus shutdowns essentially ground the country to a halt.  

In the fourth quarter of last year, the country reported zero growth. 

Notably the country in recent months has eased up on its Zero-COVID policies, which reinstated lockdowns whenever there was an outbreak, sending shockwaves through the global economy. 

In the West, China is synonymous with rapid economic and population growth. But these reports point toward a new era for the developing country. 

Share:
More In General News
Good2Know: New Bill Would Require More Leg Room on Flights
Two Democratic senators are pushing for legislation to change the Federal Aviation Administration's standards around seat sizing and spacing on aircrafts. Sens. Tammy Duckworth and Tammy Baldwin have introduced a new bill, which would also require the FAA to set new standards for aircraft evacuations that are more realistic in case of emergencies.
One Good Thing: Woman Goes Viral After Adopting Stray Cat
We know life can be tough sometimes, so we'd like to take a moment to share One Good Thing happening in the world today. A Wisconsin woman has gone viral after taking in a stray cat that had been coming to her door every single day for a few weeks. 
Carter Center Hopes to Spur National Conversation Around Dementia
Former first lady Rosalynn Carter has been diagnosed with dementia, and the Carter Center said her family wanted to share her health news to increase important conversations around the country. According to the CDC, there are about 5.8 million people in the United states living with dementia. Here to help us understand this complex disease is Dr. Jen Caudle, family physician and associate professor at Rowan University. 
Load More