BEIJING - China's fast-falling birth rate has driven its top policymakers to further relax birth controls in the world's second-largest economy, but it may be too little too late to stop it from falling even more, warned analysts on Tuesday (June 1).
Even with the change to allow married couples to have three children - up from two - that arose out of a Politburo meeting on Monday, the third-child policy is unlikely to significantly delay the population peaking in around 2026, said The Economist Intelligence Unit's principal economist Yue Su in a note.
Already a subscriber? Log in
Read the full story and more at $9.90/month
Get exclusive reports and insights with more than 500 subscriber-only articles every month
ST One Digital
$9.90/month
No contract
ST app access on 1 mobile device
Unlock these benefits
All subscriber-only content on ST app and straitstimes.com
Easy access any time via ST app on 1 mobile device
E-paper with 2-week archive so you won't miss out on content that matters to you