Hong Kong Offers Money for Babies

Wall Street Journal: “The city has lost its appeal to some residents over the last four years, hurt by strict rules during the Covid-19 pandemic, anxieties about the growing political influence of Beijing, and competition from Singapore and elsewhere. Those who choose to remain in the city are increasingly opting out of having children: Hong Kong’s fertility rate is the lowest in the world.”

“The city’s government hopes to address this problem by paying a cash bonus to couples who have children. They will receive the equivalent of around $2,550, as well as other perks such as priority when renting or buying government-subsidized housing and increased access to in vitro fertilization.”