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Spread the love ASIA: China has scrapped its population control policy. Families in China can have as many children as they like without facing fines or other consequences. The announcement ended, in practice, decades of restrictions on the number of children each household could have, as authorities attempt to encourage births in the face of a rapidly aging population. Births dropped 15% last year, a fourth-straight year of decline. China began loosening its strict one-child policy about six years ago after imposing it in the 1980s. Suntory CEO Takeshi Niinami said the Olympics are losing their commercial value. He said that his company decided against being a sponsor of the upcoming Tokyo Games, saying it was “too expensive.”

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