China is preparing to roll out annual cash payments of 3,600 yuan ($503) per child under age three, born from January 1, 2025:
a nationwide effort to boost birth rates, according to sources cited by Bloomberg initiative follows years of falling populationbuilds on local incentives already in place, including generous subsidies like Hohhot’s 100,000 yuan payment for a third child
This article was written by Eamonn Sheridan at www.forexlive.com.