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China‘s Demographic Double Whammy: Newborns Decline, Medical Insurance Funding Shrinking

Annual newborns fall below 10 million for the first time

 
• By Brian Yang

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.

Portrait of asian parent hands holding newborn baby
China newborns fall and medical funding shrinks, adding new demographic challenges. • Source: Shutterstock

There seems to be no immediate halt in China’s shrinking population. The downward trend continues despite the central government allowing not only two but three children per couple.

Already alarmed by the speed of its declining and fast-graying population, Beijing has lifted one-child restrictions and allowed two and three children per couple, but that has not spurred a revise in the downside slide

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