(Reuters Breakingviews) - China can scale a 2023 population peak. A new study su...
A nurse takes care of newborn babies wearing Chinese traditional costumes to celebrate the Chinese New Year at the nursery room of Paolo Chockchai 4 Hospital, in Bangkok, Thailand January 27, 2017. REUTERS/Athit Perawongmetha TPX IMAGES OF THE DAY
Births in the People’s Republic fell 11 percent last year, to 15.2 million, according to a report released on Thursday by Global Demographics and Complete Intelligence. Part of that eye-popping decline – some two million fewer births in just a year – is because of the surge that came in the years before, when China relaxed its one-child policy around 2013. That led to more than 11 million extra births spread over the six years to 2018, say the researchers.
That’s a headache for companies that cater to young children, from tutoring to toys. It’s also a headwind for companies that investors had viewed as a way to tap growing Chinese families, such as the Alibaba-backed Babytree, a parenting website. A shrinking population will also have serious policy consequences, not least to handle the growing number of pensioners.
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