China pensions: key changes to come

Beijing recognises that China’s huge but nascent pensions industry faces big issues—most notably underfunding—and has made important changes* in recent years with a view to establishing a more robust retirement system. During 2018 the government is expected to introduce further measures to expand the supply of pension capital and improve the management of retirement funds. Asset managers and other investment service providers, both local and foreign, will be taking note. “2018 w…