China to Let Couples Have Three Children in Move to Boost Falling Birthrate

About This Source - Bloomberg QuickTake: Now

Bloomberg L.P. is a privately held financial, software, data, and media company headquartered in Midtown Manhattan, New York City.

It was founded by Michael Bloomberg in 1981, with the help of Thomas Secunda, Duncan MacMillan, Charles Zegar, and a 12% ownership investment by Merrill Lynch.

Recent from Bloomberg QuickTake: Now:

  • Reverend Al Sharpton Criticizes Senate Republicans at Juneteenth Event in New York
  • Several Injured As Police Shuts Down Unauthorized Rave in France
  • Highway Roads Buckle From High Heat in Nebraska
  • Bloomberg Quicktake: Now published this video item, entitled “China to Let Couples Have Three Children in Move to Boost Falling Birthrate” – below is their description.

    China will allow all couples to have a third child, a surprise move aimed at slowing the nation’s declining birthrate as risks to the economy’s long-term prospects mount because of a rapidly aging population.

    In a meeting presided over by President Xi Jinping Monday, the Communist Party’s Politburo decided to ease the current two-child restriction, saying “allowing every couple to have three children and implementing related support policies will help improve the population’s structure,” according to a report by the official Xinhua News Agency. It wasn’t clear when the move would take effect, although the meeting discussed major policy measures to be implemented in the period to 2025.

    China has been gradually reforming its stringent birth policy that for decades limited most families to only having a single child, with a second child allowed since 2016. However, that reform did little to reverse the declining birthrate and further relaxation of the limits is unlikely to lead to a sustained increase.

    Bloomberg Quicktake: Now YouTube Channel

    Got a comment? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.

    In This Story: China

    China is the third largest country in the world by area and the largest country in the world by population. Properly known as the People’s Republic of China, the political territory of the country includes the former nations of Tibet and Hong Kong. The capital is Beijing.

    7 Recent Items: China

  • China joins elite club of countries that have reached Mars
  • What’s the difference between a three month stay in space and a thirty-three days stay in the past?
  • Will female astronauts join China’s future space missions?
  • NASA’s latest ad focuses on being woke, while China focusses on space
  • China’s Space Food Evolution
  • China By Numbers EP08: Transportation
  • UN stops short of calling for global arms embargo against Myanmar
  • In This Story: XI Jinping

    Xi Jinping has been the President of China since 2013 and General Secretary of the Chinese Communist Party (CCP) and Chairman of the Central Military Commission (CMC) since 2012.

    Books #Ad

    2 Recent Items: XI Jinping

  • CPC leaders take Party admission oath
  • Xi Jinping visits exhibition on history of Communist Party of China
  • Leave a Comment