Tuesday, 22 May 2018

Shares in Chinese firms jump on report China could scrap birth limits

Shares in Chinese firms that make and sell baby products have jumped after a report said China is considering scrapping limits on the number of children a family can have.

Shares in Shanghai Aiyingshi, which has a chain of shops selling baby products, climbed 10%.

Xiamen Yanjan New Material, which makes material for nappies, also added 10%.

Bloomberg reported that China was investigating the impact of ending a policy of limiting family sizes.

That would end regulations which date back to 1979 when, in an effort to limit population growth, the one-child policy was introduced.
The policy was successful, but the social costs were high - families were fined for having additional children, and forced abortions and mass sterilisations were also used at times.

A traditional preference among Chinese parents for boys led to large numbers of girls being abandoned, placed in orphanages, sex-selective abortions or even cases of female infanticide.

BBC       News.

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