Taiwan Warns Population Could Plunge Almost Half to 12 Million People by 2075

Taiwan's population is projected to drop significantly to about 12.15 million by 2075, a 48% decline from its expected 2026 numbers, as revealed by the National Development Council. This drastic reduction is attributed to low birth rates and an aging population. Such a demographic shift could have profound economic and social implications, including potential labor shortages and increased pressure on the healthcare system, making it crucial for policymakers to strategize ahead of time. For more details, check out the full article on Bloomberg.