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It's the norm in China, and it seems to have benefits, especially if you have children of your own.
by ericd 11y ago
It's the norm in China, and it seems to have benefits, especially if you have children of your own.
- jacquesm 11y agoAs an economic entity China has a ton of submerged problems and I don't think their 'solutions' to any problem will easily transplant to the rest of the world without accepting a bunch of their other problems into the package as well.
- meric 11y agoIt happens also in Hong Kong as well and is an intentional policy of the government. There is also a small HKD$1000 per month and is only intended as a subsidy. I note Hong Kong has one of the lowest personal income tax rates in the world.