Browsing: economy

Cities all over China are announcing new childbirth incentives as the country is set to experience a population decline since the two-year decline in 1960-61 due to the impact of the Great Famine. Based on official statistics, the population dropped by around 10 million in 1960, then 3.4 million in 1961, after which it recoiled by 14.4 million in 1962. The recent official figures are estimated to be announced next week.