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China population: what’s driving central bank concern about the nation’s ageing workforce?

Summary:
[unable to retrieve full-text content]A pension deficit and looming debt crisis driven by a rapidly greying population. That’s the nightmare scenario for Chinese authorities, including the nation’s central bank, who are increasingly worried about the financial implications of the country’s demographic challenges.Official concern about the country’s population problems was highlighted by the People’s Bank of China (PBOC) in an unusually frank research paper published last week.The PBOC warned China had only about a decade left to…

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[unable to retrieve full-text content]
A pension deficit and looming debt crisis driven by a rapidly greying population. That’s the nightmare scenario for Chinese authorities, including the nation’s central bank, who are increasingly worried about the financial implications of the country’s demographic challenges.Official concern about the country’s population problems was highlighted by the People’s Bank of China (PBOC) in an unusually frank research paper published last week.The PBOC warned China had only about a decade left to…

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