Beijing, Feb 13 (IANS) China’s pension crisis stems from demographic, economic, and institutional changes, rather than a single policy failure. The decision made in the coming years will shape the country’s “fiscal sustainability, social stability, and public trust”, a report said on Friday. “By 2040, roughly 402 million people in China are expected to be over the age of 60, more than a quarter of the population. By comparison, the total population of the United States is expected to rea…
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