The Chronicle

Births drop in China

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Beijing: Families with three children are being allowed to buy a second home in an effort to boost the sluggish property market and falling birthrate.

After more than a decade of restrictin­g families to one or two children, the ruling Communist Party is now confronted with a rapidly ageing society and a population that is due to decline this year.

It has offered families in more than a dozen Chinese cities incentives to have more children, including cash subsidies. In the latest move, at least 13 cities announced that households with three or more children would be prioritise­d when new homes go on sale.

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