The recent and surprise decision by the Chinese government allowing couples to have three children is a panic reaction to the alarming decline in their working age population and a significant increase of the elderly, as indicated by the latest decennial census.
The annual population growth rate has come down to 0.5 percent and the total fertility rate (TFR) – the number of children a woman will have in her lifetime – is 1.3.
There were only 12 million children born in China last year, the lowest since 1961.

