this post was submitted on 22 Feb 2024
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  • 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.
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[–] partial_accumen@lemmy.world 2 points 8 months ago

I think the distinction between our two perspectives is you are looking globally which blurs the lines and "smooths out" the problem a bit until everyone is experiencing problems, where I'm focusing on nation states. Some of which will be hit much much harder or much faster than other nations. Just a guess on my part, but the difference in countries feeling this could be separated by 3 generations or more. Some are countries experiencing it right now while other countries great grandchildren will be the first to experience it.