Young Chinese parents tighten belts as child care costs rise

China introduced financial incentives last year, including annual subsidies of 3,600 yuan for each child, but young Chinese say they do little to alleviate financial stress.

Young Chinese parents tighten belts as childcare costs rise

By Mary Yang New mother Zhang Xiaofei wanted to be financially secure before having a baby, wary of high childcare costs that have been softened only a little by Chinese government cash incentives to boost record-low births. The world’s second-most populous country is threatened with a demographic crisis after its birth rate halved over the […]

By AFP