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Analysts: China Two-child Policy Could Spur Economy

China’s attention-grabbing decision to end its decades-old one-child policy and allow all couples to now have two children may become an opportunity to promote economic growth, analysts said. But while the policy shift is expected to usher in new investments and boost consumption at a time when the economy it is slowing, it may also increase demand for higher wages and push up labor costs. Chinese authorities Tuesday predicted that the new policy could raise economic growth by about...

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