China needs 600% child subsidy rise to prevent deeper birth crisis: scholars

Beijing should drastically raise its nationwide childcare subsidies to stave off a deepening birth crisis, according to Chinese scholars, who warned the country’s fertility rate could soon fall to the lowest in the world unless action was taken. The government should learn from the examples of Singapore and South Korea – two nearby countries facing similarly severe demographic challenges, which have both introduced enhanced pronatalist policies to turn around the situation, they added. Beijing..