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May 31, 2021 at 10:59AM
China announced on Monday that each couple would be permitted to have up to three children, a major policy shift from the existing limit of two children after recent data showed a dramatic decline in births in the world’s most populous country.
The change was approved during a politburo meeting chaired by President Xi Jinping, the official news agency Xinhua reported.
Early this month, China’s once-in-a-decade census showed that the population grew at its slowest rate during the last decade since the 1950s, with data showing a fertility rate of 1.3 children per woman for 2020 alone, on par with ageing societies like Japan and Italy.
China announces three-child policy in a major policy shift, CNBC, May 31
From: The FxPro News Team https://fxpro.news/market-overview/china-announces-three-child-policy-in-a-major-policy-shift-20210531/
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