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Tribune News Service
Tribune News Service
Business
Phillip Molnar

Is China's shrinking population an economic cause for alarm in the US?

Data released recently by the Chinese government shows its population has begun to shrink and that has some economists worried about the global economy.

China has powered the world's economy for decades with cheap labor and billions of products.

However, in recent years, many U.S. companies have moved operations out of Asia and to Mexico in a process called "near-shoring," as promoted in the U.S.-Mexico-Canada Agreement.

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