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China has a retirement crisis on its hands, and the nation will probably be forced to keep raising the retirement age for workers to stave off demographic imbalances, according to a demographer.
Retirement has become a big topic over the last few of years. Specifically, the future of Social Security and support for retirees in the United States is a concern, as it's no longer considered ...
China consumer analyst at Gavekal Dragonomics. “Raising the retirement age may entail only a limited fiscal gain for now...The coming increase will effectively be optional for many workers ...
The situation in China sounds somewhat familiar to America’s. China is set to gradually raise its retirement age in the next five years as it deals with an aging population and a struggling ...