carlminzner.bsky.social
@carlminzner.bsky.social
Caixin: Why Individuals May Need to Shoulder More of China’s Social Insurance Burden

Faced with an aging society and worsening local government debt, fiscal subsidies required to support China's social insurance programs nearly tripled from 2015 to 2024.
www.caixinglobal.com/2025-03-12/i...
March 12, 2025 at 9:00 PM
In US, domestic politics now moving chaotically, and at warp speed. In China, pace is a little different.

Left: People's Daily front page 3/6/2024.
Right: 3/6/2025.
March 6, 2025 at 2:33 PM