For analysts China presents a conundrum. It is clear that China has made rapid progress, and the landscape of the world is changing due to China’s unique position.
The lack of significant improvement in people’s health status and other mounting health challenges in China raise a puzzling question about the country’s internal transition: why did the reform-induced dynamics produce an economic miracl
SHENYANG—Morning breezes turn chilly in late August, signaling fall’s approach in the Tiexi factory district.
Over the past two decades, China has rapidly increased its spending on its public pension programs, to the point that pension funding is one of the government’s largest expenditures.
China’s rapidly aging population, strong economic growth, and high return on capital mean that a funded pension system would be more efficient than a state-directed system.