China attempts to diffuse demographic time bomb

Advertisement
ScreenHunter_04 Apr. 20 08.14

By Leith van Onselen

Bloomberg has produced an interesting article examining the impact of reforms to China’s One Child Policy, which was partially deregulated one year ago:

As part of President Xi Jinping’s policy blueprint a year ago, couples where either parent is a single child were allowed a second baby, where previously that was permitted when both parents were the only offspring. In a society taught for a generation to regard large families as decadent, few have yet responded to the policy tweak, leaving China on an aging demographic path that’s eroding economic growth.

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:
Cancel at any time through our billing provider, Stripe
About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.