China is now offering $500 per child under the age of three in a bold move to combat its shrinking population. With births at historic lows and the cost of raising kids soaring, the government hopes this nationwide subsidy will encourage families to have more children. But is money enough to reverse the trend? Watch how China is confronting its demographic crisis head-on — and why experts say this may be just the beginning. WooGlobe Ref : WGA330580 For licensing and to use this video, please email licensing@wooglobe.com
