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China population: plan to lift retirement age stokes workers’ anxiety as demographic crisis looms


Speculation is running rampant among Chinese about how many years of pension income may be lost after the government announced plans to gradually increase the nation’s mandatory retirement age.

The move has sparked deep concern among working and middle class citizens, many of whom may now have to work for years more than planned and are scrambling to get their finances in order. On Chinese microblogging site Weibo, a popular post on the new policy has been read more than 210 million times and garnered more than 19,000 comments in the past two weeks.

Read More at https://www.scmp.com/economy/china-economy/article/3127524/china-population-plan-lift-retirement-age-stokes-workers

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