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China allows three-child policy

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Beijing: In a major development, China has decided to allow couples of the country to have up to three children.

Chinese President Xi Jinping approved the latest move at a meeting of top Communist Party officials.

It will come with “supportive measures, which will be conducive to improving our country’s population structure, fulfilling the country’s strategy of actively coping with an ageing population and maintaining the advantage, endowment of human resources”, according to Xinhua news agency.

“If relaxing the birth policy was effective, the current two-child policy should have proven to be effective too,” Hao Zhou, a senior economist at Commerzbank, told Reuters news agency.

China scrapped its decades-old one-child policy in 2016, replacing it with a two-child limit which has failed to lead to a sustained upsurge in births.

Photo by Brett Sayles from Pexels

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