China has a birth-rate problem. It's also the 2nd-least affordable country in the world to raise a child, says a Beijing think tank.

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China has a birth-rate problem. It's also the 2nd-least affordable country in the world to raise a child, says a Beijing think tank.

https://www.businessinsider.com/raising-children-china-50-percent-more-expensive-than-us-2024-2

China is one of the most unaffordable places in the world to raise a child, ranking higher than the US and Japan, per Yuwa Population Research.

China has a birth-rate problem. It's also the 2nd-least affordable country in the world to raise a child, says a Beijing think tank.
  • China is one of the world's most unaffordable places to raise a child, a Beijing think tank says.
  • The cost of raising a child compared to GDP per capita is 6.3 times in China, but 4.11 in the US, it said.
  • The cost of raising a child is sinking China's already falling birth rate, the researchers said.