1. China Risks Public Backlash With Move Toward Retirement Age Hike.
- Author
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Wong, Foster and Xiao, Josh
- Subjects
OLDER people ,SEX discrimination against women ,POPULATION of China ,DISCRIMINATORY language ,LABOR supply ,RETIREMENT age - Abstract
China's top lawmakers are considering a proposal to raise the retirement age, which could be approved as early as Friday. This move aims to address the country's shrinking workforce and demographic challenges. While the proposal suggests a "voluntary, flexible" approach, it has sparked public discontent, with concerns about job availability and discrimination against older workers. China's population has been declining, and delaying retirement could help slow the decline of the working-age population. The approval of the plan is expected, as it was submitted by the State Council, but the effective date and other details are yet to be determined. [Extracted from the article]
- Published
- 2024