Investors have been fleeing China markets in favor of others for much of this year, fearing its weak economic recovery. CNBC takes a look at the alternatives.
Traditionally, Chinese workers have relied on two pillars of income in retirement the basic state pension and employer-sponsored plans open to employees in certain sectors. However, in late 2022, the Chinese government poured some concrete into the mould of a third pillar, unveiling the details of a previously announced private pension scheme. Under the […]
The Bureau of Labor Funds should be more conservative in issuing mandates in the first half of 2023, as rate hikes continue to pressure the global market, market advisors said.