China's One-Child Shift Will First Drain Workforce

BEIJING—China’s easing of its notorious one-child policy may help toy makers and tutors. But economists say it will in some ways deepen economic problems as care for the additional babies will remove more people from the workforce.
That complication comes at a time when China faces a steep, irreversible shift in demographics: Its working-age population is set to start declining rapidly as a share of the population after a peak in…

Excerpt from: China’s One-Child Shift Will First Drain Workforce