Desperation in China: Loans Offered

Jilin in northeast China is offering married couples bank loans of up to 200,000 yuan ($31,400) if they have kids, joining other provinces in the roll-out of financial incentives to overcome a declining population. Certain small businesses set up by couples with two or three children will also enjoy exemptions and cuts in value-added taxes, …

China’s Birthrate: New Low

Predictions for populations from places like the United Nations, don’t account for accelerating change, as we see in China currently. Latest inducements are not helping, and fewer people are marrying: Figures released by the country’s national bureau of statistics show there were 8.5 births per 1,000 people in 2020, the first time in decades that …

China’s Plan – Group Weddings

In my opinion, China will one day shift from weak, ineffective attempts to increase fertility, to harsh, ineffective policies. I don’t think their way of running things is conducive to the gentle but nuanced encouragement that is required. For example: In Chongqing, one of China’s biggest cities, engaged couples will soon be eligible for a …

Korea’s Ageing Foreign Workers

While globally we won’t be able to avoid population decline, individual countries will keep on making easy (immigration) and difficult (encouraging births) paths towards growth. Without economic growth, there is apparently doom. And with population growth comes a rise in GDP. Korea, like Japan, is notoriously an anti-immigration monoculture. Any actual immigrants or resident foreign …