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January 3, 2025 | Why are China’s Youth Boycotting Pensions?

Danielle Park

Portfolio Manager and President of Venable Park Investment Counsel (www.venablepark.com) Ms Park is a financial analyst, attorney, finance author and regular guest on North American media. She is also the author of the best-selling myth-busting book "Juggling Dynamite: An insider's wisdom on money management, markets and wealth that lasts," and a popular daily financial blog: www.jugglingdynamite.com

A massive population followed by 36 years of a one-child policy (1980 to 2016) magnified the demographic strains building in China. Still, similar generational flashpoints are growing in most developed countries today. Compromise, fresh thinking and more efficiency/less waste are necessary.

China’s pension system is in danger of running out of money in a decade. Now it faces a new threat: tens of millions of mostly young workers are refusing to pay into it. Here is a direct video link.

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January 3rd, 2025

Posted In: Juggling Dynamite

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