Can China's Two-Child Policy Rebalance Its Aging Population?
China has brought an end to its three-decadeslong one-child policy. Chinese couples will be allowed to have two children starting Jan. 1, 2016.By Mikah Sargent | December 27, 2015
China's more than 30-year-old one-child policy is drawing to a close. The country's lawmakers passed an amendment to the policy, and it's plain and simple: "The state advocates that one couple shall be allowed to have two children."
The policy was put in place to stave off rapid — and potentially damaging — population growth in the country. Officials were worried there would be too many people with too few resources available to them.
But three decades later, China's population is growing old, and there aren't enough young people to balance the scales.