Fewer than one in four women of child-bearing age in Shanghai is willing to have a second baby, exposing another threat to a Chinese economy that is already growing at its slowest pace in 29 years.
On Friday, the National Bureau of Statistics announced that China’s economy in 2019 grew at its lowest rate since 1990 and that the country’s birth rate fell to a record low. While gross domestic product grew 6.1 per cent last year, China’s birth rate dropped to 1.05 per cent.
In Shanghai, one of China’s most important cities, the damaging effect of the one-child policy on the world’s second-largest economy is particularly acute.
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