IMF sees 140m jobs shortage in ageing China as 'Lewis Point' hits

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By Gavin van Marle

05/02/2013

Disturbing story if you plan to do most of your sourcing in China. Its supply of cheap labour – rural peasants moving to the cities in search of work – is running out, and much quicker than Beijing originally calculated. By 2020, its surfeit of labour will have vanished, and as a result of its one-child policy and an ageing population, may well have to begin importing migrant workers to plug the gap.

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The China conundrum

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