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Thread: HK residents are worried that milk powder scarcity will be worse due to China’s new birth policy
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[quote=KEVIN0518,510449]China has issued a new birth policy that couples where one side is an only child can have their second baby. It’s estimated that 15 to 20 million Chinese people will be allowed to have their second baby after this new policy is implemented. Thanks to the one-child policy, the birth rate in China has been very low in recent years. Another result is that China population is aging. The aging population has no benefit on China’s development. Therefore, a new policy has been issued. Some HK residents are worried that the new birth policy will aggravate the milk powder scarcity in HK. This March, HK authorities issued a new regulation that foreigners can only bring 1.8 kilograms milk powder out of HK. Anyone who breaks the regulation will be detained for two years and fined 500000 HK dollars. Before the regulation was implemented, many Chinese young parents rush into HK to buy milk powder. They believed that milk powder sold in HK were much better than those sold in mainland China. A source even said that HK parents couldn’t buy enough milk powder to feed their babies because the milk powder was almost sold out thanks to those mainland Chinese parents. Previously, it was reported that the regulation could have been canceled this year. Now the authorities have to think about it twice because of the new birth policy to be implemented in mainland China. However, some analysts remark that baby boom won’t appear in the future after China implements its new birth policy. It is estimated that 9 to 15 million more babies will be born in future 10 years because of this new policy. [/quote]
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