The Promise of a Better Tomorrow: China's Pension System
September 02, 2004 | BY
clpstaff &clp articlesPension reform in China has been high on the government's agenda for many years. Issues such as providing for an aging population and generating the institutional capital that can be reinvested in the economy will be discussed in this feature.
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By Ying White, World Bank, Washington DC
In developed countries, both public and private sector pension funds are major participants in the capital markets. In the US, for example, pension