In the News
China's condom boom
Birth rates tend to decline as the size of a country's middle-class grows and China is no exception according to recent figures. Despite the lifting of the one-child policy in 2015, the number of births in China in 2016 fell a long way short of government projections. According to Breaking Views - "In 2016, births increased by 7.9 percent, adding 1.3 million, far short of the government’s prediction of an additional 3 million per year." According to the FT, China’s condom market will almost triple in value to $5bn by 2024 from 2015.
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