- China is one of the world’s most unaffordable places to raise a child, a Beijing think tank says.
- The cost of raising a child compared to GDP per capita is 6.3 times in China, but 4.11 in the US, it said.
- The cost of raising a child is sinking China’s already falling birth rate, the researchers said.
Apparently, according to what I just looked up, China is the second-highest.
Although I wonder if those are weighted against America’s for-profit healthcare system?
Not sure, although routine medical care for children is one of the few areas that most health insurance plans do a decent job of covering, and/or there’s public or charitable resources to help with it.