China piles extra work on weary youth to ease pension crisis
BEIJING - China's decision to raise the retirement age will give a brief boost to its strained pension system but risks further discouraging weary young workers and cannot arrest long-term demographic decline, experts say.
The ruling Communist Party last week announced a gradual increase in the statutory retirement age starting next year - rising from 60 to 63 for men, from 55 to 58 for white-collar women workers