China's aging rural migrants face a retirement crisis due to insufficient savings and limited pensions.

Rapidly aging China faces a retirement crisis as millions of rural migrants, reaching retirement age over the next 10 years, cannot afford to retire. Many continue to work long hours for low pay, unable to rely on limited pensions or return to village farming. The generation that moved to cities in the last century now struggles to retire due to insufficient savings and lack of adequate support.

May 08, 2024
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