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In rapidly ageing China, millions can't afford to retire
By Tingshu Wang, Laurie Chen, Kevin Yao, Farah Master BEIJING/HONG KONG (Reuters) -After three decades selling homemade buns on the streets of the Chinese city of Xian, 67-year-old Hu Dexi would have liked to slow down.
China is in the middle of its own retirement crisis as many older people cannot afford to stop working
China is expecting 300 million people to reach retirement age in the next 10 years, close to the size of the whole US population.
Millions of workers in China struggle to retire due to economic insecurity
China's aging rural migrant population faces challenges as they approach retirement age. Many migrants must return to their villages with minimal financial support.
Foreign Policy
43m
China’s Xi Cultivates ‘Ironclad Friendship’ in Eastern Europe
Welcome back to World Brief, where we’re looking at Chinese President Xi Jinping in Serbia and Hungary, Israel reopening a ...
4h
on MSN
China could 'overwhelm' US military bases as Biden shows 'alarming lack of urgency': House committee chair
The new chairman of the House China Committee says there is an "alarming lack of urgency" from the Biden administration to ...
2h
on MSN
US confronts China over Volt Typhoon cyber espionage
U.S. officials confronted the Chinese government in Beijing last month about a sweeping cyber espionage campaign through ...
1h
China’s Factory Glut Alarms the World But There’s No Quick Fix
The groundswell of complaints about China’s factory output keeps getting louder, but there’s no sign Beijing is ready for ...
14h
US revokes some export licenses for selling semiconductors to China’s Huawei
The United States has revoked licenses that allowed companies including Intel and Qualcomm to ship chips used for laptops and ...
1h
on MSN
Morning Bid: Markets subdued, China trade to rebound
Asian markets won't get much steer from Wall Street, which ended mixed on Wednesday. One source of relief may be oil - Brent ...
1h
on MSN
China’s Xi Enjoys Embrace of Europe’s Renegades, Serbia and Hungary
Chinese leader Xi Jinping extended his tour of Europe with stops in Serbia and Hungary, the two countries on the continent ...
5h
War between U.S. and China ‘would be disastrous’
How America Can Beat China In The Race For The Twenty-First Century,” Dmitri Alperovich details a hypothetical Chinese ...
8h
on MSN
Philippine military chief accuses China of 'malign influence effort'
The Philippines' military chief accused China of a "malign influence effort" on Wednesday, after a local newspaper reported a ...
Opinion
7h
on MSN
Opinion
India’s Economy Isn’t the New China (Yet)
Its ascent is evident, but its per capita GDP is only a little more than half of Indonesia’s.
3h
on MSN
China's Xi Arrives in Hungary for Talks on Expanding Chinese Investments
BUDAPEST, Hungary (AP) — Chinese President Xi Jinping arrived in Hungary late Wednesday, the final stop on his five-day ...
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