China's Pension and Childcare Dilemma

This chapter examines the impending crisis in China's pension system and the proposed increase in the mandatory retirement age, linking it to the challenges of childcare. As families rely heavily on grandparents for childcare due to inadequate public options, the adjustments to retirement age might further decrease the country's already low fertility rates. The discussion emphasizes the societal implications of these reforms amidst a backdrop of economic unease and shifting family dynamics.