An Unwinnable Gamble: Why Can't China's Annual $500 "Baby Bonus" Buy a Child's Future?China's birth subsidy attempts to rescue the sluggish population. But when raising children becomes a gamble, this bonus feels more like a consolation prize than a chip to turn the tide. This article provides a deep analysis of the logic behind the policy's failure and the unspoken implications. Last week, Dongqu wrote an article about China's population facing low birth rates and recently received a letter discussing in more detail the misalignment behind China's subsidy policy, which we share with readers. (Background: The mines are dried up, China's birth rate has fallen to a historic low, and even government money can't encourage the next generation.) (Background supplement: Chinese state media disparages America's unstable stablecoin: Circle's listing bubble, U.S. debt defaults will lead to depeg.) This week, China issued the "Implementation Plan for the Childcare Subsidy System," emphasizing that starting January 1, 2025, families with children aged 0 to 3 will receive a subsidy of 3,600 yuan per person per year, regardless of whether it is for one child, two children, or three children.
動區BlockTempo·2025-07-30 07:26