China considers 401k-style plans - reports

clock

China is considering launching a new retirement savings programme similar to US 401k plans, the country's state media has reported.

China hopes the scheme will help attract more long-term investors to the securities market and protect individual wealth from the effects of inflation, the Shanghai Securities News said. One of ...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on China

The evolution of China's lending to emerging markets

Nicholas Hardingham sets out why China’s lending policy means scheme exposures need reviewing

Nicholas Hardingham
clock 09 July 2021 • 3 min read

IMF chief warns of 'lost decade'

CHINA - The head of the IMF pleaded with China to support the eurozone as she warned the global economy is heading for a "lost decade".

Natalie Kenway
clock 09 November 2011 •

'Miserable' 20 years for China investors, says Schroders

CHINA - Schroders head of Asia ex-Japan equities, Robin Parbrook, has poured scorn on returns made by investors in China in the last two decades, and warned the country still faces major challenges.

clock 21 September 2011 •
Trustpilot