China's decision to abolish its one-child policy is a boon not only to couples but to sellers of goods from formula to diapers to toys. And it might help to defuse economic stresses caused by an aging population.
The impact of the surprise change announced Thursday is expected to be gradual. But with incomes rising in the world's most populous country, even a small uptick in births could translate to higher demand from Chinese that ripples around the world.
Read more
No comments:
Post a Comment