China Announces Three-Child Policy
- 3 years ago
China Announces
Three-Child Policy.
The major policy shift comes after
the country’s census data showed
steep declines in birth rates.
China replaced its one-child rule
in 2016 with a two-child limit, which
failed to lead to an increase in births.
Experts have noted that Chinese citizens
may not be deterred by birth restrictions, but
instead the high cost of raising children in China.
If relaxing the birth policy
was effective, the current two-child policy should have proven to be effective too, Commerzbank senior economist Hao Zhou, via Reuters.
The fundamental issue is living costs are too high and life pressures are too huge, Commerzbank senior economist Hao Zhou, via Reuters
Three-Child Policy.
The major policy shift comes after
the country’s census data showed
steep declines in birth rates.
China replaced its one-child rule
in 2016 with a two-child limit, which
failed to lead to an increase in births.
Experts have noted that Chinese citizens
may not be deterred by birth restrictions, but
instead the high cost of raising children in China.
If relaxing the birth policy
was effective, the current two-child policy should have proven to be effective too, Commerzbank senior economist Hao Zhou, via Reuters.
The fundamental issue is living costs are too high and life pressures are too huge, Commerzbank senior economist Hao Zhou, via Reuters