World Visualized’s graphic charting the median age of the global population from 1950 to 2025 shows a steady rise: from ...

The strongest rise in real spending was seen in the 75 and over demographic, up by 3.2 per cent, followed by the 70 to 74 age range up by 1.5 per cent.

Relatedly, a Bank of America Merrill Lynch team led by Beijia Ma shared a chart back in May showing that China's working-age population — aka people 15 to 59 — has already started shrinking.

The strongest rise in real spending was seen in the 75 and over demographic, up by 3.2 per cent, followed by the 70 to 74 age range up by 1.5 per cent.