China looks to relax two-child policy – but it won’t solve demographic problems


Photo: Xinhua via SCMP

IEMS Faculty Associate, Stuart Gietel-Basten writes that the relaxing of China's two child policy won't solve demographic problems. China is one of the most rapidly ageing countries in the world. It’s also seeing a steady decline in its working age population which, in turn, is linked to wage inflation. The reality is that relaxing birth control policies – or scrapping them altogether – is not going to be a magic solution to China’s demographic problems. A multi-dimensional approach to population policy which tackles the institutions associated with ageing, such as pensions and social care, is a first step.

Read the full article on HK Free Press here: and The Conversation here: 


Get updates from HKUST IEMS