China

China’s population crisis can be solved only by printing trillions of yuan to boost birth rate, prominent economist claims




One of China’s most high-profile economists says the central bank should print 2 trillion yuan (US$314 billion) to help boost low fertility rates – a controversial suggestion that has sparked widespread discussion.Ren Zeping, China Evergrande Group’s former chief economist, offered his solutions to China’s low birth rate and rapidly ageing population, in an article published on Monday.“The central bank [should] print an extra 2 trillion yuan to encourage society to have 50 million more kids in…



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