ASSESSMENTS
China's Looming Pension Crisis
Feb 14, 2012 | 13:14 GMT
ChinaFotoPress/Getty Images
Summary
The debate over how to reform China's pension fund system has intensified with rumors that locally managed funds would soon be allowed to invest in the stock market. However, such a plan would carry significant risks, and it likely would involve the creation of a centralized investment mechanism, which has incited the ire of local governments hesitant to allow central control over their funds.
Proceed to sign up
Register NowAlready have an account?
Sign In