China is one of the world’s most expensive places to raise a child, relative to its GDP per capita, a prominent Chinese think tank said on Wednesday as it detailed the time and opportunity costs for women who opt to have children in the country.
The cost of raising a child until they are 18 relative to per capita GDP is around 6.3 times in China versus 2.08 times in Australia, 2.24 times in France, 4.11 times in the U.S. and 4.26 times in Japan, said a report by the Beijing-based YuWa Population Research Institute.
If the top of the pyramid is the only place perceived to be worth living in, everyone will claw their way up the slopes.