China Slowdown Deepens Looming Pension Crisis
Shortfall most threatens struggling industrial areas, where retirees’ hopes are dimming
Teachers’ Strikes Spread Across Northeast China
Teachers are asking for raises and for the government to end a requirement that teachers make payments to a pension plan as part of an experimental policy. China National Radio reported that one teacher was making less than $400 a month after...
Pension Reform in China: The Need for a New Approach
International Monetary Fund (IMF)
The rapid aging of China's population over the next few decades makes it important for a new pension system with broad and adequate coverage to be put in place quickly. Pension reforms, first initiated in 1997, have become bogged down in...