China's pension plan for employees at state-owned and private businesses is facing the likelihood of major reform or the prospect of going broke.
Caixin
China's pension plan faces prospect of change or going bust
Demographic shifts make system unsustainable as number of retirees climbs
In 2022, China’s population fell for the first time in 61 years, with the elderly -- aged 65 and older -- making up 14.9% of the overall population. © Reuters
Read Next
Latest on Caixin
