Global Pension Systems Ill-Prepared to Deal with Demographic Changes

Life expectancy has declined in many countries due to COVID-19 pandemic, but pensions systems across the world has remained ill-prepared to deal with demographic changes as the ageing of societies continues to accelerate, according to a new report from Allianz.
Despite highest birth rate, Shenzhen shows challenge of reversing China’s demographic decline

From her four-bedroom flat in an affluent Shenzhen neighbourhood Sharpay Huang, 28-years-old and four months pregnant, is already weighing up how long to wait before having a second child. After graduating from a U.S. college, starting a banking career and getting married, her confidence is typical of many young professionals in the thriving southern technology […]