Like the U.S., China is worried about the size of its aging population relative to its working class. China’s shrinking working age population is a result of its 30-year old one child policy.
That’s changing in Shanghai where city officials are making personal visits to homes, distribution leaflets, emotional counseling, and financial incentives to have a second child.
“We advocate eligible couples to have two kids because it can help reduce the proportion of the aging people and alleviate a work force shortage in the future,” Xie Lingli, director of the Shanghai Population and Family Planning Commission.
More on this topic
(What's this?)
Capitalize on China’s Growth with these dividend stocks
(Dividend Growth Investor, 3/10/10)
Jim Chanos Is Wrong About Investing in China
(Investment U, 3/3/10)
Thinking the Unthinkable: What if China Devalues the Renminbi?
(naked capitalism, 2/18/10)
CHART OF THE DAY: US INSIDERS AREN’T THE ONLY ONES DUMPING SHARES
(THE PRAGMATIC CAPITALIST, 2/22/10)
Related Posts
- China’s one child policy (05/23/08)
- The cost of being wrong on Chinese stocks (05/21/08)
- Top China Plays (07/09/08)
- Bank of China buys into Rothschild (09/18/08)
- Shanghai Composite up 7.2% for the week (03/21/09)
{ 0 comments… add one now }