GAMECHANGER: Possibility of China’s NSSF to Manage More Local Pension Assets
Posted on 06/29/2015
China is making a few tweaks to its pension system to meet the demand of a rapidly aging demographic. China’s State Council has reportedly made plans for the National Council for Social Security Fund (NSSF) to possibly manage more assets, an estimated 2 trillion yuan (US$ 326 billion) from local pension authorities. This massive amount […]
