China's parliament, the National People's Congress, has approved a loosening of the regulations governing the country's one-child policy, introduced in 1979 to try to curb the country's burgeoning population. The distorted demographic stemming from the one-child policy means that China has insufficient young people entering the economy to sustain economic growth or pay for the support of the aging population.
China's parliament, the National People's Congress, has approved a loosening of the regulations governing the country's one-child policy, introduced in 1979 to try to curb the country's burgeoning population. The distorted demographic stemming from the one-child policy means that China has insufficient young people entering the economy to sustain economic growth or pay for the support of the aging population.
