Preschools turn nursing homes, retirement age raised: China’s demographic crisis explodes TOI WORLD DESK — Times of India

China is set to raise its retirement age from January 2025 in response to a looming demographic crisis. The new rules will incrementally increase the retirement age for men and women over the next 15 years. This move aims to stabilize the labor force participation rate and reduce financial strain on the pension system.China is set to raise its retirement age from January 2025 in response to a looming demographic crisis. The new rules will incrementally increase the retirement age for men and women over the next 15 years. This move aims to stabilize the labor force participation rate and reduce financial strain on the pension system. …Read More