Friday, October 30, 2015

Two-child

China's notorious restriction on families has been lifted - the famous "one-child" rule is no more. Couples are now allowed by the Communist Party to have two children. It's an effort to correct some unintended consequences that have shown up during 30 years under "one-child."

Population has decreased to the point where the elder portion of the population is booming, coupled with a declining number of working-age people to support them. A second effect is a big imbalance in gender. For every 100 girls born, there are 115+  boys born.

Under "Central planning", the state or elites will make many of your decisions for you. Ex: how many children you will have.

(cont'd Monday)

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