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Home Emerging Markets

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

MtR by MtR
June 7, 2021
in Emerging Markets
0
China three-child policy may not change national birthrate -Moody’s


FILE PHOTO: Children wearing face masks are seen at Shanghai railway station in Shanghai, China March 5, 2020. REUTERS/Aly Song/File Photo

(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.

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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