Capitalism seems so inevitable to us that we sometimes fail to notice its explanatory power. In this case, it’s staring us right in the face. The incentive structures of capitalism run counter to those of child-rearing — and as market logics pervade deeper into every aspect of our society, the business of having babies makes increasingly little business sense.
China works in the context of US led western capitalism and trade war.
China has a cultural legacy of its one child family policy, only recently relaxed.