July 2022

China’s population to start to shrink before 2025: Global Times

China's population growth rate has slowed significantly and is expected to turn negative ahead of 2025, the state-backed Global Times reported, citing a senior health official. Birth data released late on Sunday showed that the number of new births in 2021 was the lowest in decades in several provinces. The number of births in the central Hunan Province fell below 500,000 for the first time in nearly 60 years, the Global Times said. Only China's southern Guangdong Province had more than...

Rising life expectancy in Africa triggers urgent need for pension penetration

Governor John Rwangombwa of the Central Bank has said that the improved life expectancy in Africa is a positive factor on its own but it rings an urgent call to increase pension penetration on the continent. He was speaking during the 3rd Africa Pension Supervisor Forum that started on Thursday July 14. Started in 2019, the forum offers a platform where pension regulators share ideas, information, and reform issues that are challenging the sector across Africa. Discussions include performance of the pension...

World Population Day 2022: The impact of a rapidly ageing population on the world as we know it

World Population Day is observed on July 11 every year and the theme for World Population Day 2022 is "A world of 8 billion: Towards a resilient future for all – Harnessing opportunities and ensuring rights and choices for all”. There have been growing concerns over the dynamics of the world’s population. According to the World Health Organization (WHO), by 2050, the world’s population aged 60 years and above will double to about 2.1 billion people. Due to people worldwide...

China Turns to Automation and Robotics to Solve Aging Problem

The impact of an aging population has taken a toll on China’s economy. Industrial automation and robotics could be the solution. We believe that China is at the beginning of a structural shift thanks to the country’s policy support, demographic trends and technological progress. Furthermore, the ongoing trend of domestic substitution will likely provide a fertile breeding ground for local champions to be born and thrive – and our portfolio companies Shenzhen Inovance Technology Co., Ltd Class A (“Inovance”) (0.64%...

June 2022

Vanderbilt University Launches Study on LGBTQ+ Aging, Health Disparities

Researchers have launched a four-year longitudinal study of older LGBTQ+ people in the South to better understand aging and health disparities in the community. A team of researchers from Vanderbilt University has announced the first-ever longitudinal study of LGBTQ+ aging to better understand stress, resilience, and health disparities in this infrequently studied population. The effort, known as the Vanderbilt University Social Networks, Aging, and Policy Study (VUSNAPS), is entirely comprised of LGBTQ+ people, including older LGBTQ, nonbinary, and gender non-conforming adults....

Vietnam: Most citizens grow old without retirement funding plans

Many Vietnamese citizens likely to grow old without any savings or retirement plan due to low income and lack of access to elderly care. Ms Luong Thi My Hanh, head of domestic asset management at investment fund Dragon Capital Vietnam, said most Vietnamese workers do not have a retirement plan and are focused merely on meeting daily needs, according to a report in VnExpress. Most of them save for short-term goals and usually spend all the money they have, she added. Over...

South Korea saw biggest natural population decline for the month of April

The number of deaths in South Korea recorded in April rose to an all-time high for that month. According to Statistics Korea, in April, there were almost 37-thousand deaths, which was a whopping 46.3 percent increase from a year earlier. As for the number of births, it was the 77th month in a row almost six-and-a-half years straight that the number of babies born has declined. Births came in at a little over 21-thousand, which was down 7 percent from a year...

Are You Setting Yourself Up For Unhealthy Aging?

Health experts anywhere, including those in the Federal government tell us we need to move more, sit less and eat a healthy diet, especially as we age. Yet, the majority of adults over 65 aren’t following these guidelines. What’s stopping ordinary folks from following this advice? Over half of American seniors are not getting the recommended 150 minutes a week of aerobic exercise. 150 minutes can mean walking briskly for 30 minutes five days a week. One can cut...

Aussie aged pensioners call for opportunity to work more hours

A growing number of Aussie seniors still working after retirement age are calling for the opportunity to work more hours without being penalised for it. A group of pensioners have told A Current Affair they're willing to help fill Australia's labour void, but the problem is that if they work too many hours, it will affect their pension. "If I work an hour over my 30 hours a fortnight, it changes my pension quite a bit," dementia specialist and senior Betty...

Gay, gray, black, and blue: An examination of some of the challenges faced by older LGBTQ people of color

By Seon Kum Few studies exist that highlight the life experiences of the older LGBTQ person of color. This cohort faces unique challenges in life that have not been explored or investigated extensively, if at all. Older LGBTQ people of color have experienced discrimination based on race, gender, and sexuality in all phases of their lives, often bearing witness to and helping to start various equal rights and social justice movements. In addition to the unique challenges that come with...