From Dow Jones & Company:

China’s stock market will take decades to feel the impact of the country’s recent demographic data. Last year’s birth rate won’t affect China’s MY Ratio, a key indicator of the stock market, for 20 years. The MY Ratio predicts an uptrend for China’s stocks for the next several years, with positive tailwinds continuing until 2031 when the MY ratio peaks. Demographics play a major role in the Chinese stock market, and for the next several years, China’s demographics will help propel its stock market forward. However, it’s not the only factor that will impact the Chinese stock market over the long term.
Sources: WSJ, MarketWatch



Read more: China’s low birth rate will slow its stock market. Here’s when to expect it.