English | دری

China changes its one-child policy

in International Business

China changes its one-child policy

one child policyChina has endorsed its one-child policy that has been enforced upon its population since 1970s to curb the nation’s rapid population growth.

A resolution passed by the Standing Committee of the National People’s Congress now allows couples to have two children if either parent is an only child.

The reforms, which came at the end of a six-day meeting of the congress, have already been tested in parts of the country.

They needed formal legislative approval to be put into effect.

The country’s one-child policy concerned the leaders about the country’s ageing population that will both reduce the labor pool and exacerbate elderly care issues.

By 2050, more than a quarter of the population will be over 65.



Related Articles

Top British insurance firm’s CEO steps down

Aviva announces chief executive’s departure amid concerns for hefty pay for bosses perceived to be underperforming. Andrew Moss is to

Indian rupee plummets to historic low against dollar

                                                                                                    The Indian rupee has continued its downward slide of the past few days and hit an all-time low against

India finally lowers key interest rate

The Reserve Bank of India (RBI) has been pressured to lower key interest rate from 8% to 7.75%. The Bank

No comments

Write a comment
No Comments Yet! You can be first to comment this post!

Write a Comment

Your e-mail address will not be published.
Required fields are marked*

Time limit is exhausted. Please reload the CAPTCHA.