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China's Aging Surge Threatens Economic Prospects

Last updated: 2004-04-19

China's Aging Surge Threatens Economic Prospects
2004-04-19

Spring Festival 1999: Two unidentified elderly men sit in front of a show windowsaying " Happy New Year" in English Sunday, Feb. 14, 1999 in Shanghai. People in Shanghai are preparing to welcome the Spring Festival or Chinese New Year which begins on Feb. 16. This is the "Year of the Rabbit" or the 4697th year based on the Chinese lunar calendar.

Category
Seniors
Company
Prudential Financial
WASHINGTON - China faces an unprecedented surge in its elderly population that threatens to undermine its economic development and put an unsustainable burden on public budgets and extended families, according to "The Graying of the Middle Kingdom," a new CSIS report. ... ...
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