[lbo-talk] Question about Chinese old-age pensions

[Yoshie Furuhashi]

On 10/8/07, Chris Doss <lookoverhere1 at yahoo.com> wrote:
>
> O economic Wunderkinder,
>
> I was skimming through an article in the Russian press
> today on retirement pensions in different parts of the
> world. According to this article, the average pension
> in the People's Republic of China is a grand total of
> -- $0.
>
> Is this true?

No.  See pp. 5-6 of "China's Pension System: Caught between Mounting
Legacies and Unfavourable Demographics" by Tamara Trinh (Deutsche Bank
Research, 17 February 2006,
<http://www.dbresearch.com/PROD/DBR_INTERNET_EN-PROD/PROD0000000000196025.pdf>).
-- 
Yoshie