BEIJING -- China's pension reserves have fallen below a key government threshold in a majority of provinces, as growing deficits from a rapidly aging population threaten the system's long-term viability.
Economy
Graying China sinks pensions under critical line in more provinces
Shrinking reserves and demographic time bomb build pressure for reform
Elderly people exercise in a Beijing park. The government has contributed heavily to China's pension system in order to make up for a growing deficit. © Reuters
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