The aging Chinese population has already affected the Chinese labor force, costing China manufacturing capacity and slowing down the Chinese economy. Since 2015, China has implemented new birth policy, allowing couples to have 2 children, in an attempt to improve birth rate. But the two-child policy didn’t seem to work as new births fell consecutively year over year. Be amazed! You'll be surprised by the humor as Lei analyzes the new policies and explores the causes for the low birth rates.
0:00 Birth policy China
3:45 New job, new quotas
5:35 Causes for declining birth rates
7:33 China losing labor force
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We discuss world economy, history, and politics. Our main focus is U.S.-China relations. We make short videos and tell you the hidden stories.
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References:
http://finance.eastmoney.com/a/202103071833231453.html
http://politics.people.com.cn/n1/2018/0806/c1001-30210179.html
https://www.cnn.com/2021/01/29/china/china-millennials-marriage-intl-hnk/index.html
https://www.aboluowang.com/2020/1124/1526449.html
https://zhaohan.blog.caixin.com/archives/188302
https://www.youtube.com/watch?v=UHqYrSN7y9Q
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