News Snapshot:
Japan has unveiled draft plans aimed at boosting the country’s birthrate through subsidies for childrearing and education. It has also unveiled a salary increase proposal for younger workers to incentivise marrying and having children. Japan’s population of more than 125 million has been declining for 15 years and is projected to fall to 86.7 million by 2060. A shrinking and ageing population has huge implications for the economy and national security as the country fortifies its military to counter China’s increasingly assertive territorial ambitions. Children’s policies minister Masanobu Ogura said the next few years are possibly the “last chance” for...
