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

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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.

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