China to delay retirement ages ‘gradually’ by 2025, after holding firm for seven decades

Feb 22, 2022 | INVESTING

China has confirmed that it will gradually start pushing back its long-mandated retirement ages in the coming years, in line with Beijing’s plans to better accommodate the needs of the elderly and adjust to new realities stemming from the nation’s rapidly ageing population.The possible raising of its legal retirement ages has become an increasingly debated topic in recent years. And further impetus was given to the idea as recent data sounded alarms over how rapidly China’s workforce is…

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