Zoho CEO highlights challenges of China's demographic decline and calls for pro-baby policies
Sridhar Vembu, CEO of Zoho Corporation, has raised concerns about China's demographic decline, comparing it to Japan's situation in the 1990s. He emphasized that once demographic decline begins, it is difficult to reverse, citing urbanization and changing family structures as contributing factors. Vembu advocates for pro-baby economic policies to address these challenges. His comments come as southern Indian states, including Andhra Pradesh, report fertility rates below the replacement level, raising alarms about aging populations and potential economic impacts. Andhra Pradesh Chief Minister Chandrababu Naidu has also highlighted the issue, noting societal changes among urban professionals that contribute to lower birth rates. He suggested a shift in policy focus towards encouraging higher fertility rates to manage population dynamics effectively.