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Why Millions of Young Chinese Are Refusing to Make Pension Payments

Big Take Asia

CHAPTER

The Crisis of China's Pension System: Underfunding and Demographic Challenges

This chapter delves into the challenges facing China's pension system, focusing on the underfunding of its three main pillars. It highlights concerning demographic trends and the younger generation's reluctance to engage in the system, raising alarms about a potential crisis in the coming years.

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