Michael Pettis(@michaelxpettis):SCMP: "Beijing should drastically raise its nationwide childcare subsidies to stave off a deepening birth crisis, according to Chinese scholars, who warned the country’s fertility rate could soon fall to the lowest in the world unless action was taken."

Michael Pettis

@michaelxpettis

Senior Fellow, Carnegie Endowment. For speaking engagements, please contact me at chinfinpettis@yahoo.com

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Michael Pettis@michaelxpettis

2026.08.29 05:02

SCMP: "Beijing should drastically raise its nationwide childcare subsidies to stave off a deepening birth crisis, according to Chinese scholars, who warned the country’s fertility rate could soon fall to the lowest in the world unless action was taken."