How China's Record Low Birth Rate Threatens Innovation and Economic Growth China's announcement that its birth rate has hit a record low since 1949 sends shockwaves across the globe.
With two thirds of the world's population living in countries where fertility rates are below replacement level, demographic decline is becoming a global problem. Trip.
com co founder James Liang warns that falling birth rates threaten innovation and technological progress. He advocates for "innovationism," which posits that more people mean more talent to fuel progress.