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June 16, 2017
Q. How have Japan's declining birth rate and rising life expectancy affected its manufacturing base, even including the diaper business?
A. Japan is now arguably the eldest country in the world, with more than a quarter of its population over age 65, says Sally Herships on the Marketplace website. With its birth rate plunging, “this means seniors have fewer grandchildren to reach into their pockets for and more money to spend as they see fit.” And according to the Pew Research Center, more diapers are now being produced for adults than for babies.
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