China scraps fines, will let families have as many children as they’d like

CNBC

By Evelyn Cheng

July 21, 2021

The announcement ended, in practice, decades of restrictions on the number of children each household could have, as authorities attempt to encourage births in the face of a rapidly aging population. Births dropped 15% last year, a fourth-straight year of decline.

China began loosening its strict one-child policy about six years ago after imposing it in the 1980s.

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