China to raise retirement age as demographic crisis looms

China said Friday it would gradually raise its statutory retirement age, as the country grapples with a looming demographic crisis and an ageing population. Hundreds of millions of people in China are set to enter old age in the coming decades while the birth rate dwindles dramatically. The national population fell in 2023 for the […]

The post China to raise retirement age as demographic crisis looms appeared first on Insider Paper.