Failure to prepare for an aging population could cost China

A caregiver helps an elderly man eat at a day facility in Dalian, Liaoning Province. (Photo by Daisuke Harashima)

DAISUKE HARASHIMA and YUSHO CHO, Nikkei staff writers

SHANGHAI/DALIAN -- Inadequate facilities, untrained caregivers and meager pensions are turning China's aging population into a ticking time bomb that could derail an already faltering economy.Some 137.55 million Chinese were 65 or older in 2014, accounting for 10.1% of the total population, accordin...

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