‘Little desire to have kids’: More young Chinese choosing pets over children

Published: 27 August 2024
on channel: CNA
11,881
124

China's pet market is showing promising growth supported by demographic changes and attitude shifts towards having children, even as the country’s economy slows. China's pet population will be nearly twice that of its young children by 2030, as young Chinese remain unwilling to start new families, according to investment bank Goldman Sachs in a research note published earlier this month. CNA's Tan Yew Guan reports.

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