China's Contraceptive Tax Sparks Debate Amidst Declining Birth Rates and Aging Population
36 minutes agoPolitics
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4 SourcesBeijing, China
TBNthebalanced.news
China's Contraceptive Tax Sparks Debate Amidst Declining Birth Rates and Aging Population

China is grappling with a demographic crisis marked by a declining and aging population, a decade after ending its one-child policy. Despite government incentives to encourage births, including a new 13% VAT on contraceptives like condoms and birth control pills, public response is skeptical. Many young Chinese cite the high cost of raising children and economic uncertainties as reasons for not having more children, questioning the effectiveness of making contraception more expensive.

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