In the News
China's condom boom
28th May 2017
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.
Ansell to sell its condom business to a Chinese consortium for $800 million https://t.co/F654s5MNoY
— The Sydney Morning Herald (@smh) May 25, 2017
Ansell sells condom business to Chinese group for $600m https://t.co/rNb82eZIVa
— Financial Times (@FinancialTimes) May 25, 2017
Geoff Riley
Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.
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