China two-child policy not valid until March, government says
Monday, November 02, 2015
On Thursday, the government announced it would relax the rules to allow all couples to have two children.
It said the decision was made because of China's rapidly ageing population and to help support the economy.
While the political shift brings hope for change, it also places immense pressure on the new administration to deliver on its election promises in the face of serious economic challenges.On another level, newly appointed Finance Minister Ndaba Gaolathe’s grim assessment of the country’s finances adds urgency to the moment. The budget deficit, expected to be P8.7 billion, is now anticipated to be even higher due to underperforming diamond...