Why China’s three-child policy is unlikely to improve the gloomy long-term economic outlook

//Why China’s three-child policy is unlikely to improve the gloomy long-term economic outlook

Why China’s three-child policy is unlikely to improve the gloomy long-term economic outlook

China’s once-in-a-decade census report, released in mid-May, shows a further slowdown in the country’s population growth. Between 2010 and 2020, the population grew at an average of 0.53 per cent annually, the slowest rate in any decade since China’s first census in 1953. One of the reasons for the significant slowdown is the former one-child policy, which aimed to prevent the population from growing too fast. However, around 10 years ago, when the last census report was published, Beijing…

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By | 2021-06-01T17:30:16+00:00 June 1st, 2021|Business|Comments Off on Why China’s three-child policy is unlikely to improve the gloomy long-term economic outlook