Two-child Policy

From street corners to social media, Chinese have hailed the end of the one-child policy. China announced that all couples would now be eligible for a second child on October 29, reversing a controversial 35-year-old policy. The news is a major liberalization of the country's family-planning restrictions, already eased in late 2013 when Beijing said it would allow families to have two children when the parents met certain conditions. In 2012, for the first time in decades, the working age population fell; almost 30 percent of the population is considered to be senior citizens. But it seems that this two-child policy may not have an immediate impact considering that it will only immediately affect 90 million citizens. We may be waiting a while before we see any real changes.