China to raise retirement age
02:15 Min
China is undergoing a paradigm shift in the structure of its labour market. Lawmakers have decided to raise the retirement age by up to five years amid an economic slump and growing pressure over an ageing population. With more people preparing to enter old age, what could "working longer" mean for the world's second-largest economy?
13 Sep 2024 09:34pm
China is undergoing a paradigm shift in the structure of its labour market. Lawmakers have decided to raise the retirement age by up to five years amid an economic slump and growing pressure over an ageing population. With more people preparing to enter old age, what could "working longer" mean for the world's second-largest economy?
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