China's working population will shrink in the coming decades and keep the nation's economy from surpassing America's, research firm says

• Decades of China's one-child policy have led to an aging population and lopsided ratio between elderly and youth. 
• The country is on pace to lose nearly half of its current population by 2100, per Terry Group, which says that bodes poorly for economic growth.
• Chinese government data showed China's population shrank in 2022 for the first time since 1961.

China's aging population will have a direct impact on its ability to compete with the US and other nations on the world stage, according to a report from consultancy firm Terry Group.