Ageing Population in Hong Kong on the Rise

Experts are fearing that Hong Kong's near future may include schools being replaced by care homes and a vibrant economy dulled by Asia's oldest populations. One in three people in the city is expected to be 65 years old or above by 2041, threatening to curb economic growth in the major financial hub, the Hong Kong government has warned. "It is a huge concern for our population development," Hong Kong University social sciences professor Paul Yip told ...