China to allow couples to have 3rd child amid low birthrate

The ruling Chinese Communist Party has decided to allow married couples to have a third child, the official Xinhua News Agency reported Monday, in a major policy change to grapple with the country's negative effects of the low birthrate.China's population has been aging, due largely to its "one-child policy" introduced in 1979, but it was scrapped in 2016 as worries grew that a rapidly aging population would constrain the nation's economic expansion.Although the government has permitted all married couples to have a second child since then, China has not seen a baby boom so far despite fear…READ FULL ARTICLE