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China needs pension system overhaul as it struggles with shortfall
Published Tue, Feb 6, 2018 · 09:50 PM
Beijing
CHINA'S pension shortfall is emerging as the next big challenge for policymakers as they intensify their years-long campaign to keep rising debt from derailing the economy.
Ageing in the world's most populous country means pension contributions by workers no longer cover retiree benefits, forcing the government to fill that gap since at least 2014.
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