Low Birth Rate Sparks Crisis of Small City Extinction in Provinces

SEOUL, March 6 (Korea Bizwire) — South Korea’s demographic crisis is raising concerns about the survival of small cities, as more than half of the country’s municipal governments recorded less than 1,000 births last year. The declining demand for childcare facilities, including maternity hospitals, daycare centers, elementary schools, and academies, is expected to exacerbate the [...]