Changing China’s child policies will only benefit dairy briefly

By Keith Woodford – interest.co.nz

Keith Woodford says changing China’s child policies will only benefit dairy briefly. Tourism & old-age products are where big changes will occur

China’s recently announced change from a one-child to a two-child policy has led to considerable media comment, including from our own Prime Minister at the New Zealand China Business Summit on 9 November. The media focus has been on the demand this will create for infant formula. However, much of the commentary has lacked an understanding of China’s demographics.

Relaxation of the one-child policy will lead to a short term increase in birth rate but it will only be short term. The reason for this is that the number of women in the child-bearing ages is about to decrease drastically.

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