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Hong Kong, facing an exodus, offers money to babies
Hong Kong, facing an exodus, offers money to babies
Updated October 28, 2023 at 12:05 a.m. ET
HONG KONG—The Hong Kong government is grappling with an exodus of citizens and a plummeting birth rate. His solution: subsidize pregnancy.
The city has lost its appeal among some residents over the past four years, hit by strict rules during the Covid-19 pandemic, concerns over Beijing’s growing political influence and competition from Singapore and China. elsewhere. Those who choose to stay in the city are increasingly giving up on having children: Hong Kong’s fertility rate is the lowest in the world.
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