January 1, 2026
China Imposes 13% Condom Tax, Exempts Childcare to Boost Birth Rates
From January 1, China will tax contraceptives at 13% while making childcare services VAT-free to encourage more births. The nation faces a population drop with only 9.54 million babies born in 2024. Critics warn this policy may risk unwanted pregnancies and miss deeper social issues behind the low birth rates.