China's falling birth rate poses a future threat to the country's economy: Report

Though the Chinese government lifted the one Child policy in 2016 and allowed families to have three children, the efforts turned out to be ineffective as the birth rate has shown a continuous decline. Beijing [China], January 22 (ANI): The birth rate in China is decreasing drastically with the government’s all efforts to boost it have been ineffective, and experts have warned that it is leading to workforce shrinking, a long-term threat to the country’s economy, a media report said. Experts have pointed out that China’s plan to become “a rich and powerful country” by 2049, the 100th anniversary of…