Here's your summary from China: Fewer Weddings and Kids, More Pets (https://www.youtube.com/watch?v=KjihewZPYTE) on the Bloomberg Television channel:

**TLDR:** China's pet sector is booming, expected to reach $50 billion by 2030, driven by demographic changes and increased household income.

1. China's pet economy is projected to grow at about 6% a year, reaching nearly $50 billion by 2030.

2. Demographic changes in China, such as decreased marriage and birth rates, are leading people to focus more on their pets as part of their families.

3. Japan and South Korea are also experiencing similar demographic trends, with a shift towards increased pet spending despite declining marriage and birth rates.

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