SHANGHAI (Reuters): A Chinese professor has urged the government to offer parents 1 million yuan (US$156,000) for each newborn child in a bid to shore up the country's declining birth rate, sparking a debate on social media about the soaring costs of raising children.
China's population rose by its slowest rate in decades from 2010-2020, the country's latest census showed, raising fears that the country's dwindling workforce will be unable to support an increasingly elderly population.
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