- China is one of the world’s most unaffordable places to raise a child, a Beijing think tank says.
- The cost of raising a child compared to GDP per capita is 6.3 times in China, but 4.11 in the US, it said.
- The cost of raising a child is sinking China’s already falling birth rate, the researchers said.
But kids consume resources too? It’s reflected immediately, even if it might not be the immediate full effect.
The assertion is not that population change does not affect consumption, but that the decline in population is not significant enough to make a difference in the near future, at least compared with other factors