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Alice Han

👤 Speaker
1631 total appearances

Appearances Over Time

Podcast Appearances

The Prof G Pod with Scott Galloway
China Decode: Why China’s Baby Bust Meets a Condom Tax

On a personal level, my grandfather's generation, his father had three wives.

The Prof G Pod with Scott Galloway
China Decode: Why China’s Baby Bust Meets a Condom Tax

And this is just to give people a sense of China in the early 1900s and late 1800s.

The Prof G Pod with Scott Galloway
China Decode: Why China’s Baby Bust Meets a Condom Tax

He had three wives.

The Prof G Pod with Scott Galloway
China Decode: Why China’s Baby Bust Meets a Condom Tax

My grandfather was the first son and the 12th child of the third wife.

The Prof G Pod with Scott Galloway
China Decode: Why China’s Baby Bust Meets a Condom Tax

And then his generation had three kids.

The Prof G Pod with Scott Galloway
China Decode: Why China’s Baby Bust Meets a Condom Tax

And my father then had two kids in Australia.

The Prof G Pod with Scott Galloway
China Decode: Why China’s Baby Bust Meets a Condom Tax

But our generation, so my generation of cousins in China, none of us have kids yet.

The Prof G Pod with Scott Galloway
China Decode: Why China’s Baby Bust Meets a Condom Tax

And so it's a great consternation to my grandfather who's 95 in Shanghai and hope he's listening to this.

The Prof G Pod with Scott Galloway
China Decode: Why China’s Baby Bust Meets a Condom Tax

Because every time I see him, he says, Wyatt, don't you have kids yet?

The Prof G Pod with Scott Galloway
China Decode: Why China’s Baby Bust Meets a Condom Tax

But that's just to give people a sense of where China has evolved over time.

The Prof G Pod with Scott Galloway
China Decode: Why China’s Baby Bust Meets a Condom Tax

You know, it used to be a society that valued many kids, right?

The Prof G Pod with Scott Galloway
China Decode: Why China’s Baby Bust Meets a Condom Tax

You know, you have an expression in Chinese, which is the more children, especially male children you have, the more prosperity you have.

The Prof G Pod with Scott Galloway
China Decode: Why China’s Baby Bust Meets a Condom Tax

That radically shifted in 1971, the year my aunt was born, when they introduced the one-child policy.

The Prof G Pod with Scott Galloway
China Decode: Why China’s Baby Bust Meets a Condom Tax

And I ran the numbers, James, it's startling.

The Prof G Pod with Scott Galloway
China Decode: Why China’s Baby Bust Meets a Condom Tax

In 1963, when my mother was born,

The Prof G Pod with Scott Galloway
China Decode: Why China’s Baby Bust Meets a Condom Tax

7.51 births per woman.

The Prof G Pod with Scott Galloway
China Decode: Why China’s Baby Bust Meets a Condom Tax

That's the fertility rate.

The Prof G Pod with Scott Galloway
China Decode: Why China’s Baby Bust Meets a Condom Tax

It is in 2023, one birth per woman, as you mentioned, James.

The Prof G Pod with Scott Galloway
China Decode: Why China’s Baby Bust Meets a Condom Tax

In the U.S., the peak was 1959, 3.75 births per woman.

The Prof G Pod with Scott Galloway
China Decode: Why China’s Baby Bust Meets a Condom Tax

Today, in 2023, 1.62 births per woman.