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Wall Street Journal (April 11)

2023/ 04/ 12 by jd in Global News

“China has one of the lowest retirement ages among major economies: 50 for women and 60 for men. A retirement wave may finally force change as pension funds dry up. “China has seemed to be on the verge of changing the retirement age for years, but has let several deadlines pass without coming up with a plan.” Government estimates forecast “more than 40 million Chinese—more than the population of Canada—will retire over the five-year period ending in 2025.”

 

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