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China slowdown hastens looming pension crisis

4 months ago
Sky Canaves
The burden of supporting each person over 65 is now shared by more than seven workers. But that will drop to just two people in 35 years, according to United Nations data, or even fewer than that, the World Bank says."
By Sky Canaves
Sky Canaves previously reported for The Wall Street Journal in Beijing and Hong Kong, where she covered media, culture, social issues, and legal affairs, and served as the founding editor and lead writer of the WSJ’s China Real Time site. Prior to becoming a journalist, Sky worked in the China corporate law practice of Baker & McKenzie, and she has also taught journalism and media law at the University of Hong Kong. She speaks Mandarin and has accumulated more than a decade's experience living, studying and working in China.
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