China is one of the most unaffordable places in the world to raise a child, ranking higher than the US and Japan, per Yuwa Population Research.
  • 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.
  • @wahmingEnglish
    5•4 months ago

    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