China Expands Private Pensions Nationwide Despite Challenges
- The program will be rolled out on Dec. 15 across the country
- Eligible investment vehicles have struggled with performance
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China is expanding its private pension fund pilot program nationwide to address retirement payout strains. The limitations of the experiment are already on display.
Disappointing fund performance and a lack of investor interest are just some of the difficulties that private pension funds have encountered after China rolled out the program in 36 cities since 2022.