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China records slowest population growth in decades, new census reveals CNN 1 day ago By Ben Westcott and Eric Cheung, CNN Business © Hector Retamal/AFP/Getty Images People walk along a pedestrian street during a Labor Day holiday in Shanghai on May 1.
China s population grew at its slowest rate in decades in the 10 years prior to 2020, according to census data released on Tuesday a trend that could pose serious issues for the world s second-largest economy.
According to China s National Bureau of Statistics, the population rose by 5.38% over the past decade or 72 million people to 1.41 billion people.
The latest data represents an average annual population growth rate of 0.53%, which was 0.04% lower than the annual growth rate reported between 2000 and 2010. It s the slowest growth rate for China since at least the 1960s.
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Premarket stocks: Some big risks to investors have been hiding in plain sight CNN 2 days ago By Julia Horowitz, CNN Business © Justin Sullivan/Getty Images OAKLAND, CALIFORNIA - MAY 07: In an aerial view, an container ship is unloaded at the Port of Oakland on May 07, 2021 in Oakland, California. The Port of Oakland reported a record high in cargo traffic volume between January and March of this year with 631,119 20-foot shipping containers compared to 612,151 set in the first quarter of 2019. (Photo by Justin Sullivan/Getty Images)
For months, it s been clear that snarled supply chains could hold back the post-pandemic recovery and trigger worrisome inflation. Now, that fear is once again coming to the fore, sparking a global sell-off in tech stocks that looks poised to continue on Tuesday.
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Some big risks to investors have been hiding in plain sight
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For months, it’s been clear that snarled supply chains could hold back the post-pandemic recovery and trigger worrisome inflation. Now, that fear is once again coming to the fore, sparking a global sell-off in tech stocks that looks poised to continue on Tuesday.
What’s happening: Nasdaq Composite futures are down sharply in premarket trading. The tech-heavy index tumbled 2.6% on Monday. In Hong Kong, shares of tech giants Baidu and Alibaba dropped 3.5% on Tuesday, while delivery company Meituan’s stock plunged more than 5%.
While economists expect price increases to be temporary, investors remain concerned that rising costs could force central banks to hike interest rates sooner than expected, hurting the investment case for high-growth stocks.
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