Demographic challenges

Xi Jinping weighs pros and cons of China’s shrinking population

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Xi Jinping weighs pros and cons of China’s shrinking population

He made the speech in May last year but the excerpts were published for the first time on Friday in Qiushi, the Communist Party’s top theoretical journal. The impact of population decline “must be viewed in a dialectical manner”, Xi told commission officials. 01:53 Inside China’s Demographic Revolution Inside China’s Demographic Revolution The drop could … Read more

China’s pension reform a ‘milestone’, but will it fix funding woes?

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China’s pension reform a ‘milestone’, but will it fix funding woes?

Beijing’s quick endorsement of a scheme to raise the retirement age shows it is determined to address the problem of dwindling pension funds amid faltering economic growth and an ageing population, analysts say. But, they add, the changes are unlikely to be a silver bullet for fiscal shortfalls and could come with “political pain”. For … Read more