Children wearing face masks are seen at Shanghai Railway Station in Shanghai, China on March 5, 2020. REUTERS / Aly Song / File Photo
Rating agency Moody’s Investors Service said on Monday that China’s new policy of allowing couples to have up to three children could support fertility, but the national birth rate is unlikely to change dramatically.
The rating agency said the policy highlighted the risk of aging emerging markets in Asia.
“And while China’s new policy of allowing couples to have up to three children could support fertility, the national birth rate is unlikely to change dramatically, meaning aging will remain a credit-negative constraint,” said Moody’s in a statement. Continue reading
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