THE ASIAN CENTURY
4. 7.07:30 → 08:00
China, with a population of 1. 3 billion, would hardly be in need of a baby boom. However, Shanghai paints a starkly different picture. Ageing faster than Japan, a third of its people could be over 60 years ld in just 10 years time. Although already China's most populous city, Shanghai is in need of more babies. In a bid to solve the problem of acute labour shortages and strains on medical and welfare systems in the near future, there has been a gradual rollback of the one-child policy. Couples who meet the strict criteria are allowed t have a second child. But are they able t afford the vario...