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Sep 28th 2011, 13:54 by The Economist online The economic impact of demographics in Asia INVESTORS are often lured to countries like India and Vietnam by their demographic promise-by their fast-growing population of workers and consumers. Likewise, investors in China often worry that it "will grow old before it grows rich".

In every country of the world, the demographic timebomb is ticking away. Yet in Britain, the countdown is surprisingly slow. And when it goes off, it may not be quite the explosion we feared

The population crash. Germany's ageing population

The world is about to cross a demographic landmark of huge social and economic importance, with the proportion of the global population 65 and over set to outnumber children under five for the first time