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China's condom conundrum: If you can't afford a taxed contraceptive, can you afford to raise a child?
China ends a 30-year VAT exemption on contraceptives, imposing a 13% tax amid concerns over rising HIV cases and high child-rearing costs, with just 9.54 million births in 2024.
Summary by Firstpost News
10 Articles
10 Articles
China Adds Tax to Condoms as It Works to Boost Birth Rates
China will impose a value-added tax on contraceptive drugs and devices — including condoms — for the first time in three decades, its latest bid to reverse plunging birth rates that threaten to further slow its economy.
·United States
Read Full ArticleChina's condom conundrum: If you can't afford a taxed contraceptive, can you afford to raise a child?
To boost the birth rate, China will impose a 13 per cent VAT on contraceptives starting January, ending a policy in place since 1993. The move comes as births drop from 18.8 million a decade ago to 9.54 million in 2024
·Mumbai, India
Read Full ArticleIn 2024, half as many children were born in the country as 10 years earlier.
Coverage Details
Total News Sources10
Leaning Left3Leaning Right3Center1Last UpdatedBias Distribution43% Left, 43% Right
Bias Distribution
- 43% of the sources lean Left, 43% of the sources lean Right
43% Right
L 43%
14%
R 43%
Factuality
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