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MORGAN STANLEY: It is 'under appreciated' how devastating the world's ageing population could be for the global economy

They say that "the negative effect that an ageing workforce has on productivity growth [and thus economic growth] is under appreciated."<p>In the bank's weekly Global Macro Briefing, subtitled "Global Workforce is Ageing, Can Productivity Provide an Offset?" — economists Chetan Aya, Elga Bartsch, and …

China drops one-child policy, but ‘exhausted’ tiger moms say one is plenty

BEIJING — Han Jing’s son started taking after-school classes when he was just 5 years old: extra English, math and drawing so he wouldn’t fall behind the other children at kindergarten.<p>“I didn’t want him to feel ashamed or have low self-esteem on his first day of elementary school,” she said, …

China

As China's Economy Slows, Migrant Workers Head Home

Every summer in Bianqiang village in northwestern China, locals gather for three nights of Chinese opera. There are children’s rides, popcorn and …

32,000 people in Japan turned 100 this year and the economy can't keep up

Japan doesn't really believe in dying young.<p>At least, not according to conventional timelines.<p>New data from the country's Ministry of Health, Labor, …