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Recently, China announced that married Chinese couples may have up to three children, marking a major shift in public policy. For many of us, it wasn t that long ago when China s infamous one-child policy was still in place: after all, China only officially relaxed its regulations to allow couples to have two children in 2015. Given that the original one-child policy was put in place in 1980, and lasted a full 35 years before being replaced by the two-child policy, why is China increasing their limit on children just six years after the last change? To answer that, we will have to dive into why the one-child policy was implemented in the first place, and the issues it caused along the way. ....
March 06, 2021 Pexels Key highlights Single mothers can save on various pregnancy costs (including pre-delivery expenses) through the Medisave Maternity Package The government matches every single dollar a parent puts into a Child Development Account (CDA) under the Baby Bonus Scheme There are various subsidies available to single parents who need to place their children in infant care or childcare The average cost of raising a child in Singapore is estimated to be $1,500 per month. Given that a married couple’s average monthly household income stands at $8,352 and nearly 18 per cent of that combined income goes toward providing for a child. ....