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China cuts medical benefits for seniors due to cash shortage

by AIP Online Bureau | Apr 2, 2023 | Eco/Invest/Demography, Health, International News, Non-Life, Pension & Social Security, Policy

In the longer term, the “grey hair movement” is indicative of a fundamental issue facing the Chinese government, how to care for a rapidly ageing society where 400 million people, or 30 per cent of the population, will be 60 or older by 2035. China’s...

China capital Beijing experiences first population decline since 2003

by AIP Online Bureau | Mar 22, 2023 | Data, Eco/Invest/Demography, Policy

China’s birth rate last year was 6.77 births per 1,000 people, the lowest on record, while the country’s death rate, the highest since 1974, was 7.37 deaths per 1,000 people. The death rate in China’s capital Beijing surpassed its birth rate in 2022,...

China to set up a national financial regulatory administration

by AIP Online Bureau | Mar 7, 2023 | Eco/Invest/Demography, Regulation

It will be established on the basis of the China Banking and Insurance Regulatory Commission (CBIRC), which will not be retained, the plan said, noting that certain functions of the People’s Bank of China (PBOC) and the China Securities Regulatory Commission (CSRC)...
China to deepen financial reform, open to more foreign investment

China to deepen financial reform, open to more foreign investment

by AIP Online Bureau | Mar 5, 2023 | Eco/Invest/Demography, International News, Policy, Regulation

“We need to deepen reform of the financial system, improve financial regulation, and see that all those involved assume their full responsibilities to guard against regional and systemic financial risks,” Premier Li Keqiang Beijing: China will deepen...

China discourages “bride prices” to check fast-declining population

by AIP Online Bureau | Mar 4, 2023 | Eco/Invest/Demography, Facts

China’s population is shrinking for the first time in more than six decades in 2022, which is a serious demographic crisis for the country with significant implications for its slowing economy, CNN Business reported According to data surveyed in late January...
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