China’s Population Plummets: Pro-Birth Policies Fail Amid Economic Hardships
China’s population is projected to decrease by a staggering 51 million people over the next decade, a decline exceeding the population of California. This alarming forecast, from Bloomberg Intelligence, highlights the continued failure of government initiatives aimed at boosting birth rates. The one-child policy, implemented decades ago, profoundly altered the cultural landscape, establishing a preference for single-child families. This cultural shift, coupled with other factors, continues to defy attempts at reversal.
The significant and persistent youth unemployment rate, exceeding 20% before the government ceased public reporting, adds another layer to this complex issue. High unemployment directly impacts the financial stability needed to support a family, making parenthood a less attractive prospect for many young people.… Continue reading
Matt Underwood