CX Daily: China’s Balancing Act to Keep Its Social Security System Afloat
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Social security /
Cover Story: China’s balancing act to keep its social security system afloat
The Chinese government is caught in a dilemma: there is a pressing need to boost contributions to what is the world’s largest social security system to better support the country’s aging population, while simultaneously addressing growing calls to reduce the financial burden amid a wobbly economy and the slowest wages growth in 40 years.
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