China’s decision to reintroduce a 13 per cent VAT on condoms and other contraceptives comes as the country battles a steep decline in births. Ending a three-decade exemption, the policy reflects Beijing’s shift from restricting population growth to encouraging it, even as rising costs challenge efforts to boost fertility
China’s condom conundrum: If you can’t afford a taxed contraceptive, can you afford to raise a child?
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