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.
www.businessinsider.com
- 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.
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