China is one of the most unaffordable places in the world to raise a child, ranking higher than the US and Japan, per Yuwa Population Research.
  • China is one of the world’s most unaffordable places to raise a child, a Beijing think tank says.
  • The cost of raising a child compared to GDP per capita is 6.3 times in China, but 4.11 in the US, it said.
  • The cost of raising a child is sinking China’s already falling birth rate, the researchers said.
  • partial_accumen@lemmy.world
    0·
    8 months ago

    I think the distinction between our two perspectives is you are looking globally which blurs the lines and “smooths out” the problem a bit until everyone is experiencing problems, where I’m focusing on nation states. Some of which will be hit much much harder or much faster than other nations. Just a guess on my part, but the difference in countries feeling this could be separated by 3 generations or more. Some are countries experiencing it right now while other countries great grandchildren will be the first to experience it.