Sunday, December 6, 2015

China abandons its decades old One Child Policy

World largest population country China announced the end of its hugely controversial one-child policy after more than 35 years announced by President Xi Jinping at  the end of party’s four day plenary session headed by in Beijing.
New policy state that all couples would be allowed two children.
Reason behind for this change :
This change comes as China faces low fertility rates and an aging trend in its population.
Key points :
  • One-child policy was formally instituted in 1980
  • China Capital : Beijing
  • China Currency : Renminbi(Yuvan)

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