China's fertility rate is estimated to have dropped to a record low of 1.09 in 2022, the National Business Daily said on Tuesday, a figure likely to rattle authorities as they try to boost the country's declining number of new births.
So on the topic, can someone explain why birth rates are so important if it isn't lower then the death rate? I see this issue so much and I really can't find a good issue other then economic reasons
Really your only answers are going to be based in economics.
A society can absolutely thrive with a 1:1 ratio, but not built around a capitalistic mindset. Quite frankly China's probably the best person to have this problem and they ignore the whims of capitalism for their countries residents quite often.
Possible non-economic considerations could be not having enough people to build a military and lack of cultural exportation. Both of which China doesn't really have any problems with.