October 27, 2012

Aging Japanese workers see companies move to more youthful locations in Asia

"Asia's manufacturing powerhouses - Japan, South Korea and China - are among the fastest-ageing countries in the world, while developing nations in south-east Asia are among the youngest in the region....China's workforce will peak at around 970 million in 20120..Japan's median age will increase to 48.5 and South Korea's to 43.4, compared with 23.9 in the Philippines and 28.4 in Malaysia"

Source: Industry flies south to youthful ASEAN markets
by Karl Lester Yap, Keiko Ujikane and Shamim Adam
The Australian Financial Review
Tuesday 24th July, 2012 , page 11

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