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Young Chinese parents tighten belts as childcare costs rise
Businessjapan-timeshk-free-press1mo ago2 sources

Young Chinese parents tighten belts as childcare costs rise

By Mary Yang New mother Zhang Xiaofei wanted to be financially secure before having a baby, wary of high childcare costs that have been softened only a little by Chinese government cash incentives to boost record-low births. The world’s second-most populous country is threatened with a demographic crisis after its birth rate halved over the […]

China tightens export controls on Japanese firms to curb 'remilitarization'
Businessseeking-alphahk-free-press1mo ago2 sources

China tightens export controls on Japanese firms to curb 'remilitarization'

By Mary Yang with Tomohiro Osaki in Tokyo China imposed export restrictions on 40 Japanese companies on Tuesday, citing national security concerns, as Beijing escalated a months-long row that has seen Chinese tourism to Japan plummet. The spat between Asia’s top two economies was sparked by comments by Prime Minister Sanae Takaichi in November that […]