Reciprocal tariffs

How China’s Child Policy Could Have Helped the U.S.

In recent research, Goldman Sachs suggested that U.S. dairy stocks will benefit from China’s new baby boosting policies. Not necessarily. During the 1970s, China moved from a “late marriage, longer spacing, and fewer children” campaign to a one-child policy. Implemented locally, the law, community institutions, sterilization, abortion, and infanticide fueled one-child. Especially in the city, couples with more than one child could have lost a job, 10 to 20 percent of their pay, and even 40 percent of a year’s wages. It took more than three decades for China’s leadership to decide that the tradeoffs were too costly. ….[READ]