As China plans for demographic crisis, some sectors see opportunity
GlobeAlert Desk · curated from South China Morning Post
As China moves towards becoming one of the world’s fastest-ageing economies – a trend causing worry over future productivity and a widening gulf between the country’s working and retired populations – Goldman Sachs said the pharmaceutical and biotechnology sectors could end up the biggest winners from the demographic divide, while carmakers and technology hardware manufacturers may see fiercer headwinds. Hong Kong and mainland China are both expected to enter the top 10 ranking for the world’s...
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