As China’s population ages rapidly, an increasing number of pensioners are now living in senior care facilities. Photo: Handout

China’s huge market for senior care blessed with opportunities and challenges

Even with high occupancy, most private facilities are still struggling with heavy upfront investment and surging labour cost, while retirees complain of high fees

Topic |   Ageing society

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As China’s population ages rapidly, an increasing number of pensioners are now living in senior care facilities. Photo: Handout
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