Raising a child in China is 50% less affordable than in the US, Beijing think-tank says

• China is one of the world's most unaffordable places to raise a child, a Beijing think-tank says.
• The cost of raising a child compared to GDP per capita is 6.3 times in China, but 4.11 in the US, it said.
• The high cost of raising a child is sinking China's already falling birth rate, the researchers warned.

China is one of the world's most unaffordable places in the world to raise a child, ranking higher than the US, Japan, and the UK, per a new report from a Beijing think-tank.