According to a report from the Wall Street Journal,the ease of one-child policy,will bring most population experts say, an additional one million to two million babies to China annually—likely more in the first few years, because of pent-up desire or a rush to beat the biological clock.
The boom is likely to have a major impact on local demand. As an absolute number, two million extra babies a year is huge—twice the total number of annual births in Japan, and half the total number in the U.S.
A 2005 survey by Shanghai Social Science Academy showed that it costs 480,000 yuan ($79,000) to raise a child from cradle to college, including costs such as food, education and health care. Those costs have increased, but take those as a base assessment. So if China adds an extra 10 million children in the next five years, that would be $790 billion in additional spending—and that is likely a conservative estimate
