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the problem is, now china really needs young people. by 2050, about a third of chinese will be over the age of 60. what can beijing do? it's probably looking at experiments in the rich world. consider france which in the 1990s realized it needed to boost fertility rates. the central government put in place a program of incentives including tax breaks for parent, subsidized housing, and access to child care. according to the "wall street journal" france spends 4% of its gdp on these programs, about twice as much as other rich countries. what happened? look at this chart of france's fertility rate over the last 20 years from an average of 1.65 children in 1994 to two children per women last year. if china wants its people to have more children, it may have to do a lot more than minor relaxations of the one child policy. it might have to go in for a

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