China to Infuse Pensions with State-Owned Capital to Overcome Shortfalls

Posted on 12/01/2017

China’s powerful State Council has announced the launch of a pilot program this year to infuse its social security funds at the national and provincial levels with shares from enterprises owned by the state in order to address shortcomings in the nation’s pension scheme and allow retirees to benefit from the dividends generated by state-owned […]