💨 Abstract

China has introduced a 13% tax on contraceptives to boost its declining birth rate, which has been shrinking for three years. This move, part of broader efforts including longer parental leave and cash handouts, aims to address an aging population and economic slowdown. However, the tax has sparked debate, with critics arguing that high child-rearing costs are the real barrier to parenthood.

Courtesy: Sara Odeen-Isbister