China Slowdown Deepens Looming Pension Crisis

Mark Magnier
Wall Street Journal
Shortfall most threatens struggling industrial areas, where retirees’ hopes are dimming

Caixin Media

08.02.16

Revival, Resistance for National Pension Push

Bridging the “regional divide” that separates affluent and less affluent areas is a main goal as the central government revives a stalled effort to form a nationwide pension system.The State Council, China’s cabinet, laid the groundwork for a...

Caixin Media

01.12.15

China Turning Gray Over Pension Reform Stress

About 8,000 teachers in the northeastern city of Zhaodong stayed home for three days in November to protest an experimental pension scheme they called tantamount to a pay cut.The teachers claimed they'd been illegally forced to participate in...

Falling Through the Cracks of China’s Health-Care System

Qiyan Li and Laurie Burkitt
Wall Street Journal
China says 95% of its 1.34 billion people are covered by medical insurance. That should have included Zhao Guomei, whose struggle with a rare but treatable disease shows how the system is failing for millions of China’s workers.

Caixin Media

09.14.12

Moneyless Pensions Yield No Gold for the Old

SHENYANG—Morning breezes turn chilly in late August, signaling fall’s approach in the Tiexi factory district.For the unemployed men and women standing on sidewalks between a labor bureau office and a park every day at 6 a.m., the change of seasons...

Caixin Media

07.18.12

Financial Reform Has Only Begun

The Chinese economy’s rapid growth over the past thirty years has fundamentally changed global economic structures. But our achievements have come at a price: We have run up against hard limits in many areas, including factor investment costs and...

China’s Looming Pension Crisis Spooks Workers

Lillian Lin
WSJ: China Real Time Report
China faces a pension crisis as its population ages, and that prospect is starting to alarm Chinese workers who are already struggling to pay for education, healthcare and housing. By the time those people who joined the workforce in the 1980s...

Reports

12.01.10

Can China’s Rural Elderly Count on Support from Adult Children? Implications of Rural to Urban Migration

John Giles, Dewen Wang, and Changbao Zhao
World Bank
Support from the family continues to be an important source of support for the rural elderly, particularly the rural elderly over seventy years of age. Decline in likelihood of co-residence with, or in close proximity to, adult children raises the...

Reports

11.01.09

Governance and Fund Management in the Chinese Pension System

Gregoro Impavido, Yu-Wei Hu, and Xiaohong Li
International Monetary Fund (IMF)
The Chinese pension system is highly fragmented and decentralized, with governance standards, pension fund management practices, their regulation and supervision varying considerably both across the funded components of the Chinese pension system...