China’s birthrate fell to its lowest level in modern history in 2019, according to official data. That is one of the most serious issues for the country’s economic future, but may also be bullish for one asset class: the country’s government bonds. Just 10.5 new births per thousand Chinese people were recorded last year. The United Nations expects the country’s population to begin declining before the end of the current decade.

Source: Wall Street Journal January 20, 2020 10:07 UTC