Plan to raise China's retirement age sparks anger

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BEIJING: A decision by the Communist Party of China to raise the retirement age under a long-term economic and development plan has sparked anger ...

BEIJING: A decision by the Communist Party of China to raise the retirement age under a long-term economic and development plan has sparked anger on social media in fast-greying China.

Authorities have yet to raise the retirement age although a suggestion to do so in 2013 provoked strong public opposition. China faces what experts call a"demographic time-bomb" as its elderly population increases while its workforce gets smaller, partly due to a one-child policy in place for about four decades until it was finally scrapped in 2016."Postponing retirement is an inevitable trend," the state-run Securities Times wrote in a commentary on Friday.

 

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