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China welcomes foreign investment at Davos, grapples with shrinking population

China’s reopening announcement at Davos comes at a time when luxury brands are hoping to win back consumers post-pandemic lockdowns. Meanwhile, the country faces a looming crisis due to population shrinkage. Image credit: World Economic Forum/Faruk Pinjo China’s reopening announcement at Davos comes at a time when luxury brands are hoping to win back consumers post-pandemic lockdowns. Meanwhile, the country faces a looming crisis due to population shrinkage. Image credit: World Economic Forum/Faruk Pinjo

 

By Crystal Tai