China will allow couples to have 3 children in a major policy shift designed to reverse shrinking birth rates

Chinese President Xi Jinping
Getty
China is now allowing married couples to have three children, up from the previous limit of two.
The new three-child policy is in response to a declining birthrate in China.
Experts say the main barrier to having children in China is the high cost of raising kids.
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China said on Monday that married couples may have up to three children, a major policy shift from the existing limit of two, after recent data showed a d