China ends the one-child policy.

But maybe it's too late. The Chinese government had already started allowing 2 children to couples where the father or mother had been an only child, but many of them declined, "citing the expense and pressures of raising children in a highly competitive society."

A professor of demography at Peking University, Mu Guangzong, explained:

“I don’t think a lot of parents would act on [the new policy] because the economic pressure of raising children is very high in China. The birth rate in China is low and its population is aging quickly, so from the policy point of view, it’s a good thing as it will help combat a shortage of labor force in the future. But many parents simply don’t have the economic conditions to raise more children.”