Category: pension deficit

3-Child Policy and Raising Retirement Age Won’t Solve China’s Deficit Pension

The Chinese Communist Party (CCP) has changed its notorious one-child policy to allow for three children and said it will raise the retirement age to resolve the huge pension deficit and dramatic decline in births. But economists and experts say these methods can’t resolve the deficit, nor the issue of the country’s aging population. China…


3-Child Policy, Raising Retirement Age Won’t Solve China’s Pension Deficit

The Chinese Communist Party (CCP) has changed its notorious one-child policy to allow for three children and said it will raise the retirement age to resolve the huge pension deficit and dramatic decline in births. But economists and experts say these methods can’t resolve the deficit nor the issue of the country’s aging population. China…