Shanghai in China has a fertility rate 0f 0.50
Some parts of South Korea like wards of Seoul and Busan are already in or below 0.30 children per woman
In 2023 Taiwan’s fertility rate was 0.865 and still going downside
The Hong kong one was 0.75 kids per woman
Singapore is 0.97 (and declining very fast)
Japan is the highest at 1.20 (with Tokyo being 0.99) and they’re declining also really fast
Why???
In: Other
Kids are expensive.
In a developed world, they’re even more expensive. They don’t die as often, and they need education and starting monies when they get older.
As economies develop, the price of having children goes up and birth rates go down.
The same effect is happening everywhere, most aggressively in the most expensive economies.
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