Elderly people dance during a morning exercise session at the Temple of Heaven park in Beijing. China’s greying population and low investment returns have spawned concern over whether it can keep up its pension payments in the long term. Photo: Reuters
Elderly people dance during a morning exercise session at the Temple of Heaven park in Beijing. China’s greying population and low investment returns have spawned concern over whether it can keep up its pension payments in the long term. Photo: Reuters

Pension fund’s rise in value sparks relief amid worries China cannot pay its retirees

Net increase in asset value last year despite growth in pension spending outstripping that of earnings

Elderly people dance during a morning exercise session at the Temple of Heaven park in Beijing. China’s greying population and low investment returns have spawned concern over whether it can keep up its pension payments in the long term. Photo: Reuters
Elderly people dance during a morning exercise session at the Temple of Heaven park in Beijing. China’s greying population and low investment returns have spawned concern over whether it can keep up its pension payments in the long term. Photo: Reuters
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