China to expand its private pension plan nationwide - from Monday December 15
China to expand its private pension plan nationwide - from Monday December 15.Caixin had a heads up on this:China is poised to roll out a private retirement account program nationwide after nearly two years of trials in select cities and regions. The move comes as the country intensifies efforts to establish a personal pension system addressing the challenges posed by a rapidly aging population.Xinhua confirming the data now. This is supportive for Chinese shares, at the margin. This article was written by Eamonn Sheridan at www.forexlive.com.
China to expand its private pension plan nationwide - from Monday December 15.
Caixin had a heads up on this:
- China is poised to roll out a private retirement account program nationwide after nearly two years of trials in select cities and regions.
- The move comes as the country intensifies efforts to establish a personal pension system addressing the challenges posed by a rapidly aging population.
Xinhua confirming the data now.
This is supportive for Chinese shares, at the margin. This article was written by Eamonn Sheridan at www.forexlive.com.
