The Real End of China's One-Child Policy
In January, superstar Chinese film director Zhang Yimou was fined the equivalent of $1.24 million for having three children in excess of the country’s strict, so-called “one-child” family planning standards. It was a significant, possibly record fine, meant in theory to compensate the state for the social and material costs associated with those pesky, extra three lives.
This raises an interesting question: What happens to Zhang Yimou’s $1.24 million? Or more importantly, what's happened to the estimated 2 trillion yuan ($320 billion) in social maintenance fees that millions of other Chinese parents have paid since 1980, according to one study? On Thursday, a court in Guangzhou ruled that the Family Planning Commission of Guangdong Province -- China’s most populous -- must disclose the specifics of its own data within 15 days.
