Paul Yip
Beijing’s announcement that it is relaxing its 35-year-old one-child policy should be welcomed. It is a timely and correct decision; hopefully, it can mitigate the ageing pressure in China and avoid the potential demographic crisis arising from a very skewed and unsustainable population distribution.
At present, about 15 per cent of China’s population is aged 60 or over and that figure is expected to double by 2050.
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