UPDATE 1-China's pension funds likely to have funding gap -vice finmin

April 3, 2015 5:34 AM

53 0

BEIJING, April 3 (Reuters) - China's state pension funds will likely have a funding gap in future due to growing obligations, Vice Finance Minister Wang Baoan said on Friday.

China has struggled to keep its pension schemes adequately funded, with local governments and companies sometimes avoiding contributions.

Read more

To category page