A man walks down the Bund overlooking the financial district of Pudong in Shanghai. Chinese workers have grown accustomed to rising prosperity. Photo: AFPA man walks down the Bund overlooking the financial district of Pudong in Shanghai. Chinese workers have grown accustomed to rising prosperity. Photo: AFP
A man walks down the Bund overlooking the financial district of Pudong in Shanghai. Chinese workers have grown accustomed to rising prosperity. Photo: AFP

China’s demographic time bomb may not come to pass, with pension moves offering hope

Kevin Martin says Beijing’s move to raise the retirement age and a shift by workers to save earlier for old age will help mitigate the state pension shortfall

A man walks down the Bund overlooking the financial district of Pudong in Shanghai. Chinese workers have grown accustomed to rising prosperity. Photo: AFPA man walks down the Bund overlooking the financial district of Pudong in Shanghai. Chinese workers have grown accustomed to rising prosperity. Photo: AFP
A man walks down the Bund overlooking the financial district of Pudong in Shanghai. Chinese workers have grown accustomed to rising prosperity. Photo: AFP
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