China’s Record‑Low Pension Adjustment Reveals Shrinking Safety Net

Date:

China’s Record‑Low Pension Adjustment Reveals Shrinking Safety Net

A group of elderly Chinese people in Beijing, on April 7, 2007. AFP via Getty Images

News Analysis

China recently told its retirees they will get only a 2 percent boost in 2025—the smallest adjustment since Beijing began annual pension hikes two decades ago.

spot_imgspot_imgspot_img

Share post:

More like this
Related

Days After Historic Border Breach in Spain, Illegal Immigrants Remain Scattered Across Ceuta

CEUTA, Spain—By Aug. 1, the beach where tens of...

Chinese State Firms Expand Political Vetting to Ordinary Employees, Requiring Extensive Personal Disclosures

Chinese state-owned enterprises (SOEs) have expanded internal political and...

Spain: Days After Historic Border Breach, Illegal Migrants Remain Scattered Across Ceuta

Spanish soldiers and Guardia Civil officers escort a group...

Chinas Business Activity Contracts as Orders, Jobs, and Consumer Demand Weaken

China’s official gauges of manufacturing, services, and construction fell...