China’s pension system, known as the Old-age Insurance System, covers pensions, illness coverage, work injury benefits, and maternity support. It has two pillars: a basic pension system and ...

BEIJING - China saw a growing number of qualified fund sales agencies to cater to the wealth management demands of clients ...

China’s pension system is in danger of running out of cash within a decade due to severe underfunding. Now it faces a new threat: Tens of millions of mostly young workers are refusing to pay ...

Officials launch the China Pensions Index at an event in Shanghai. PROVIDED BY CIAFC . In a significant move aimed at ...

At the heart of this looming crisis is China’s pension system, which was originally designed to support retirees but now struggles under the weight of demographic and economic changes. The system, ...

Hi, this is Lulu Chen in Hong Kong. This week, we delved into the crisis facing China’s pension system. Not only is it struggling to keep up with the country’s rapidly aging population ...

Still, China’s state-led basic pension system is under significant financial pressure. About one-third of China’s provincial-level jurisdictions are running pension deficits. China’s Academy ...

With the expansion of its personal pension program in December, China is trying to encourage savers to increase their thus-far paltry contributions and put more of their money into investments ...