Too little, too late. They need a full removal of the policy in its entirety. 2 kids is still way below the replacement level, let alone rebalancing demographics. This will just slow down the slip into economic stagnation, not reverse it.

I read that as a result of this policy, there are 60 million more young men than women. And for cultural reasons, wealthy men in China can still get away with having 2 or more women on the go at once. Not to mention swinging-dick Westerners like myself coming in and using my passport to lure their best women (my girlfriend is mainland Chinese).

What's going to happen to society when you end up with tens of millions of men who never had a woman to "placate" them? Not to mention, who's going to look after or fund these lifelong single men into retirement?

So it's only 2 kids now? Have it at 3 or 4 kids max :L better than 1

Yep, two sprogs.

Although..... the way this law has always been enforced is via fines for having additional kids. For the most part, people who couldn't afford more than one kid couldn't pay the fine anyway. The rich folks who wanted more than one could have just paid the fine. The same is still true for 2 or 3 kids.

Why don't the just let people have as many as they want instead of forcing them to have "x" amount of kids.

On one side I''m happy for chinese couples that they're now free to have at least 2 children, on the other I'm kinda concerned for the demographic jump we'll see in the next few years, especially because of the current climate situation of Earth and the fact that China is one of the countries that pollutes more :/

2 billion chinese confirmed they conguer the world

Population control. 

I don't know if this is a good thing or a bad thing....

I mean the one child policy is the reason why China's Population hasn't surpassed 2 billion yet. ( Even without it when you combined the populations of China and India they both account for over 36 percent of the world's population)

The World barely has enough resources For the 7 billion plus that already lives on it. :/

too many people

They're in somewhat of a lose-lose situation right now. They want to limit the number of kids being born to control the speed their already massive population grows (closing in on 1.4 billion right now), but doing so results in a plethora of other issues. The gender imbalance isn't helping.