Why “a little”? Couples will legally be able to have two children. The Communist leadership wants to diffuse a “demographic time bomb.”
(Bloomberg Business) China’s ruling Communist Party will abandon the one-child policy introduced in the late 1970s to defuse a demographic time bomb that threatens to choke growth in the world’s second-biggest economy.
The party’s decision-making Central Committee approved plans to allow all couples in China to have two children, the official Xinhua News Agency said Thursday at the end of a four-day party gathering in Beijing. The move, which had been expected, comes after a previous effort to relax the policy fell well short of the goal of boosting births by 2 million a year.
