News China27 Nov 2020

Pension gap predicted to exceed US$1tn after 5 years

| 27 Nov 2020

China is expected to have a pension gap of CNY8tn ($1.2tn) to CNY10tn in the next 5-10 years, with the gap predicted to widen over time, according to a report released by the Insurance Association of China (IAC).

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