China‘s Demographic Double Whammy: Newborns Decline, Medical Insurance Funding Shrinking
Annual newborns fall below 10 million for the first time
On top of economic slowdowns, geopolitical tension and de-coupling, China also must tackle demographic challenges after decades of the One-Child Policy and a new encouraging measure to stimulate newborn growth fail to materialize. Meanwhile, medical expenditure growth is fast outpacing growth of public funding.