Hong Kong’s Chief Executive, John Lee Ka-chiu, has announced a range of new measures to try to counter the city’s declining birth rate. Notably, a HK$20,000 (US$2,556) cash incentive will be given to parents holding permanent residency in Hong Kong for every newborn.
A US$2200 bonus at each birth.
Has this idiot not looked at how much it costs to raise a child in China? ANY part of China, not to mention Hong Kong, arguably the single most expensive city?!
US$2200 won’t even pay for the Kindergarten the children will have to go to because it takes two people working full-time to live in a cramped, squalid apartment!
Here’s a thought: address the actual problem and do surgery. Band-aids don’t help.