Running on empty: Inside China’s quiet pension-funding crisis

Running on empty: Inside China’s quiet pension-funding crisis

Surveys show that more than 40% of flexible workers — including delivery drivers, livestreamers and freelancers — are opting out of the pension system Article Attribution | Read More at Article Source The post Running on empty: Inside China’s quiet pension-funding crisis appeared first on RocketNews.

The Wall Street Journal reports that China's pension fund is facing a crisis of trust. Young people, especially flexible workers such as takeaways and anchors, are choosing not to pay for old age insurance.