Just shows the vaccine is working: China's birth rate declines for the first time in decades

China's birth rate declined for the first time in decades, China's National Bureau of Statistics reported Tuesday, in a shift that experts say could impact the global economy.

The world's most populous country had 1.41175 billion people in it in 2022, a drop of 850,000 compared to 2021. The birth rate was 6.77 births per 1,000 people, a fall from 7.52 births per 1,000 people in 2021, according to the statistics agency.