China's National Bureau of Statistics has said that the country's birth rate has fallen to its lowest since the formation of People's Republic of China on October 1, 1949.

The bureau said that the country's birth rate was 10.48 per thousand in 2019 - the lowest since 1949.

BBC reports that the number of babies born in China in 2019 dropped by 580,000 to 14.65 million.

It was gathered that despite the two-child policy adopted by China, its birthrate has been falling for years - posing a challenge for the world's second biggest economy.

This development is raising fears of a demographic time bomb - meaning that a small working-age population having to support a bigger, retired population

News Source: https://legit.ng