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Fortune
Fortune
Prarthana Prakash

China’s birth rate crisis is so intense that Nestlé is closing a baby formula plant as demand dwindles

(Credit: Fabrice COFFRINI—AFP/Getty Images)

The fallout from China’s sinking birth rate is rippling from public sector concern into a private market headache.

Despite desperate efforts to boost record-low fertility rates in one of the most populated countries on earth, last year deaths outnumbered births in China for the first time in six years.

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