
China piles extra work on weary youth to ease pension crisis
Voice of America
People rest at a park in Fuyang in eastern China's Anhui province on Sept. 13, 2024. China said on Sept. 13 it would gradually raise its statutory retirement age, as the country grapples with a looming demographic crisis and an older population.
China's decision to raise the retirement age will give a brief boost to its strained pension system but risks further discouraging weary young workers and cannot arrest long-term demographic decline, experts say.
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