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Thursday, December 23, 2010

Asia's baby shortage sets demographic timebomb ticking

AFPTOKYO — East Asia's booming economies have for years been the envy of the world, but a shortfall in one crucial area -- babies -- threatens to render yesterday's tigers toothless.Some of the world's lowest birth rates look set to slash labour forces in Singapore, South Korea and Taiwan, where fewer workers will support more retirees and their ballooning health care and pension costs. Full