Is China falling toward second place? India seems on track to surpass the world’s most populous nation after China’s number fell for the first time in decades—by 850,000 people to 1.41 billion in 2020. But what makes it such a big deal? China is facing an aging population and dwindling workforce. What’s more, COVID-19 is still running rampant through the nation, and China’s borders are now open for international travel. As experts call out the lack of transparency, how will it impact life in the West? And what’s to come for China as its virus death toll grows?…