Rating agency Moody’s Investors Service said Monday (June 7th) that a new Chinese policy allowing couples to have up to three children could support fertility, He said it is unlikely to dramatically change the country’s fertility rate.
China could give birth to up to three children from a two-person limit on May 31, following recent data showing a dramatic drop in births in the world’s most populous country Announced that there is sex.
Moody’s said the reforms highlighted the risks of aging in emerging markets in Asia.
“China’s new policy, which allows couples to have up to three children, may support fertility, but is unlikely to dramatically change the country’s fertility rate, which means aging. Means that it will continue to be a negative credit constraint. “
Shares of childbirth and childbirth-related companies listed in Hong Kong and mainland China fell after a statement by Moody’s.
The decision to allow families to have up to three children has been skeptical in China, questioning on social media whether it makes a big difference, and “helping” Asked for details of what they promised to be available.
China abolished the decades-old one-child policy in 2016 and set a two-child limit to avoid the economic risks of a rapid aging population.
However, it did not lead to a sustained surge in births, especially given the high cost of raising children in urban areas.