China's population fell for the first time in 60 years

This information was revealed in the report of China's National Bureau of Statistics on Tuesday (January 16). China, a country of 1.4 billion people, has a recent record low birth rate. And because of this, the number of working people is decreasing day by day. Analysts fear that the low birth rate could corner China's economic growth.

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The real driving force behind China's economy is the country's huge population. To meet the demand of workers at low cost, manufacturing companies from different countries of the world appeared in China. But the birth rate in China has not been as high as it was in the past several years due to strict birth control laws. If the population decreases in this way, it can affect the country's economy.

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The last time China's population declined was in the 1960s. In that year, Mao Tse Tung's disastrous agricultural policy 'Great Leap Forward' caused famine.