Many believe that there is a general consensus among China’s millennials and Generation Z that having children will impose a strong financial burden under the country’s current public welfare conditions. Illustration: Brian Wang
China’s population outlook worrying as young people baulk at high cost of having kids
- China’s ageing population is the least of concerns for young people who can barely afford to make ends meet, much less have children
- Huge income-to-debt ratio said to be ‘most effective contraceptive’ for millennials, Generation Z
Many believe that there is a general consensus among China’s millennials and Generation Z that having children will impose a strong financial burden under the country’s current public welfare conditions. Illustration: Brian Wang
