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Demographic dividend has been a major factor in China's miraculous economic growth. But Western media has recently used the term "Achilles' heel" to sensationalize China's falling birth rate, even warning the country of a looming population crisis. Should China's demographic figure be a major concern? Is it setting the stage for an economic and political crisis? Will China grow old before it gets richer? Liu Chunsheng, an associate professor at the Central University of Finance and Economics says no.