China can't buy its way to a baby boom

China can't buy its way to a baby boom

China’s central government introduced a childcare subsidy on July 28 that will provide families with 3,000 yuan ($417.76) a year for each child under the age of three. The announcement came days after plans were unveiled to roll out free preschool education across the country. These developments mark a shift from previous years, when the […] The post China can’t buy its way to a baby boom appeared first on Asia Times.