As the Chinese society ages, China not only loses its comparative advantage in labor but also faces a severe pension funding ...
China’s pension system is in danger of running out of cash within a decade due to severe underfunding. Now it faces a new ...
With the expansion of its personal pension program in December, China is trying to encourage savers to increase their ...
The pre-eminent Chinese Academy of Social Sciences estimates that the government-run pension system will run dry by 2035. Other factors are at play as well. China’s economy has moved into a new ...
This week, we delved into the crisis facing China’s pension system. Not only is it struggling to keep up with the country’s ...
The fall came despite a slight rise in births last year, the first increase since 2016. State efforts to cajole women to have ...
Fidelity is gearing up for a new pension scheme that Citic estimates will expand to 12 trillion yuan by 2035. That’s even as ...
"In theory, you are saving for your retirement—in reality, you are using your money to support someone else," one worker ...
Policymakers hope the move will help ease the pressure on pension systems as more people enter retirement than ever before.
China’s pension system is under stress—so much so that it could potentially run out of money in a decade. Now it faces an additional threat, a phenomenon that may make things worse ...
China on Wednesday announced interim measures for the implementation of a flexible retirement system to enforce the ... requirements for receiving basic pensions, among other details.