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China three-child policy may not change national birthrate -Moody's

June 7 (Reuters) - Rating agency Moody's Investors Service said on Monday that China's new policy allowing couples to have up to three children could support fertility, but was unlikely to dramatically change the national birthrate.
Views of the Yangshan Container Port Ahead of Trade Figures Shipping containers next to gantry cranes at the Yangshan Deepwater Port in Shanghai, China, on Monday, Jan, 11, 2021. U.S. President Donald Trump famously tweeted that "trade wars are good, and easy to win" in 2018 as he began to impose tariffs on about $360 billion of imports from China. Turns out he was wrong on both counts. Photographer: Qilai Shen/Bloomberg

 

The rating agency said that the policy highlighted the risk of aging across emerging markets in Asia.

"And although China's new policy allowing couples to have up to three children could support fertility, it is unlikely to dramatically change the national birthrate, meaning that aging will remain a credit-negative constraint", Moody's said in a statement.

(Reporting by Kanishka Singh in Bengaluru; Editing by Christian Schmollinger)

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Mark Cowley Jun 7, 2021, 09:29 AM

So by 2100 Africa's population will be 4bn and the rest of the world 5bn .... Why the rest of the world needs to take an interest in what happens here.