China is preparing to roll out annual cash payments of 3,600 yuan ($503) per child under age three, born from January 1, 2025:

• a nationwide effort to boost birth rates, according to sources cited by Bloomberg
• initiative follows years of falling population
• builds on local incentives already in place, including generous subsidies like Hohhot’s 100,000 yuan payment for a third child

This article was written by Eamonn Sheridan at www.forexlive.com.