January 2022
24Jan

Investors need to create own targets for China

Asset owners need to actively determine what their exposures to China's fast-growing equity universe should be, rather than relying on emerging markets benchmark indexes providing limited access now to some of the mainland's most compelling alpha and diversification opportunities, according to Acadian Asset Management LLC. The $113 billion Boston-based quant manager's Dec. 16 paper, "Polarizing Views: China's Impact on Emerging Markets Investing," calls on institutional investors to review and revamp their allocations to China, unconstrained by benchmark weights, based on...

January 24, 2022
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21Jan

In a Highly Indebted Economy: Security Issues for the Asset-based China’s Reform and the Financial System

By Tianyong Zhou Since the start of the 21st century, all major global economies have been experiencing a shift to a model of low consumption, low interest rate, low inflation, low growth and high debt. China is no exception. This article argues that in the high-indebtedness economic model, the proportion of committed and guaranteed debt service credit is decreasing, while the proportion of asset-backed credit corresponding to debt is on the rise; and with respect to currency stability, the role...

January 21, 2022
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17Jan

China’s birth rate drops to record low in 2021, population aging

The birth rate in mainland China slipped to a record low in 2021, government data showed Monday, despite efforts by the Chinese government to prevent the country's population from aging further. In China, 10.62 million babies were born in 2021, a rate of 7.52 per 1,000 people, the lowest level since Mao Zedong founded the Communist-led People's Republic of China in 1949. Read also David Sinclair explains what an ageing population means for economies around the world The population aged 65...

January 17, 2022
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12Jan

China. Plan focuses on affordable elderly care

China is taking steps to make affordable nursing services available to more elderly people in the next four years to meet the needs of its aging population and improve the quality of their lives. Read also Malaysia. Tweak pension fund to benefit low- income workers The State Council recently approved the public service plan for the 14th Five-Year Plan (2021-25) period, which said the Chinese people have higher requirements for better lives, with public services including education, medical treatment and nursing...

January 12, 2022
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06Jan

Commentary: China and ESG — a delicate balance

China and sustainable investing are two of the most important growth drivers for the asset management industry. So far, fund managers have pursued these two efforts in splendid isolation, without worrying about how activism at home might affect business in China. We expect this partition of affairs won't be sustainable for much longer. China represents the single most attractive new growth region for asset managers. It is already the second-largest market (after the U.S.) for asset management services: By year-end...

January 6, 2022
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03Jan

Can China’s creaky health insurance scheme withstand its ageing population and coronavirus?

For two decades, 65-year-old farmer Che Xiuyue had been troubled by osteophytes, bony lumps that grew on her knees, causing her unbearable pain and stiffness. Read also Commentary: China and ESG — a delicate balance In 2019, unable to stomach the discomfort any longer, she finally had surgery to treat them. But when she received the bill of 10,000 yuan (US$1,569), Che was overcome by a new wave of distress. Read also Taiwan fund to issue $2.3 bln climate change pension mandate,...

January 3, 2022
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November 2021
25Nov

China publishes guidelines to enhance the sense of happiness and security of the aging population

In order to effectively address China's aging population, the country issued a set of guidelines on Wednesday on strengthening work on the senior population to enhance the sense of happiness and security of the elderly. According to the Seventh National Population Census, as of November 1, 2020, the elderly population aged 60 and above in China was 264.02 million, accounting for 18.7% of the total. It is estimated that during the 14th Five-Year Plan (2021-25) period, the elderly population in...

November 25, 2021
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22Nov

Aging China outlines plan to improve elderly care services

China is urging some local governments to embark on pilot programmes next year to improve medical and care services for the elderly, with the goal of rolling out the scheme nationwide in 2023. Read also India’s fertility rate falls below replacement level. What it means. Of the 31 provinces, regions and municipalities in mainland China, 15 should launch their local pilot schemes for better medical and care services for the elderly next year, the National Health Commission (NHC) said in a...

November 22, 2021
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05Nov

Graying China sinks pensions under critical line in more provinces

China's pension reserves have fallen below a key government threshold in a majority of provinces, as growing deficits from a rapidly aging population threaten the system's long-term viability. China has two main pension schemes that together cover 1 billion people. One is compulsory for urban employees and public servants, while the second serves other urban residents and the rural population. The urban employee pension system, the far larger of the two, received 16% less income in 2020 than the year...

November 5, 2021
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October 2021
15Oct

China to encourage development of pensions, insurance for delivery sector

China's top banking and insurance regulator said it would encourage insurers to accelerate the development of commercial pension products and accident insurance for gig-economy workers such as couriers and takeout deliverymen. Read also Hong Kong government proposal for residents to convert pensions into annuities ‘absurd’ if made mandatory, labour minister says China has in recent years experienced a delivery boom powered by millions of couriers who work for companies such as Meituan Dianping and Alibaba’s Ele.me to deliver packages and meal...

October 15, 2021
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