Home Les bulletins GEAB China Braces for Baby Boom Under New Two-Child Rule

China Braces for Baby Boom Under New Two-Child Rule

BEIJING — When Zhou Meifen gave birth to her second child not long after 12:01 a.m. on New Year’s Day, she dodged a $12,000 birth control tax by just a few minutes.

The 36-year-old interior designer from Wenzhou in China’s Zhejiang province was one of the earliest beneficiaries of the new law that took effect on January 1 which allows couples to have two children instead of one. If her baby had been delivered during 2015, she would’ve faced the hefty bill.

The country is expected to welcome as many as eight million extra new babies each year after the abolition of the controversial one-child policy, ushering in a new era of brothers and sisters for Chinese families… Read more : NBC News, 04.01.2016

You can not comment on this article
Related articles
GEAB
15 Feb 2021

Investments, trends and recommendations (Febr 2021)

#bitcoin #Crypto #finance #investments #oil

- > Currencies: Landslide - > Oil: Fire-exposed - > Raw materials: Heavy stuff - > Big Tech: Turnaround in sight - > Pharma: Run away - > Beijing Olympic [...]

GEAB
15 Feb 2021

What future for Bitcoin if inflation occurs in 2021?

#bitcoin #Crypto #finance #investments #oil

It's time to update our "money digitalisation" trend. If everything has taken the direction we anticipated two years ago,   these experiments seem to have a hard time coming out [...]

GEAB
15 Feb 2021

WaterTech2040: The challenge (and risks) of bringing water to all

#climate #geopolitics #governance #watertech

Many of us have grown up in countries where access to water is taken for granted; where a constant and secure supply of clean water has become the norm. Safe [...]