Sui-Lee Wee, Steven Lee Myers

While many countries are struggling with low fertility rates and aging populations, these issues are even more pressing in China, because the country’s underdeveloped social safety net means that most older adults rely heavily on their families to pay for health care, retirement and other expenses. Many young married couples are expected to shoulder the burden of taking care of their parents, in-laws and grandparents, without the support of siblings. The birthrate in China fell to 10.48 per thousand last year, the lowest since the founding of the People’s Republic in 1949, a decline that has important implications for the country’s economy and labor pool. If birthrates continue to fall … Continue reading Sui-Lee Wee, Steven Lee Myers