China’s population crash is so bad that it’s started taxing condoms and birth control pills
Once the world’s most populous nation, China is now among the many Asian countries struggling with anemic fertility rates. In an attempt to double the country’s rate of 1.0 children per woman, Beijing is reaching for a new tool: taxes on condoms, birth control pills and other contraceptives.
As of Jan. 1, such items were subject to a 13% value-added tax. Meanwhile, services such as child care and matchmaking remain duty-free.
The move comes after China last year allocated 90...