China approves plan to raise retirement age from January 2025 Reuters Hong Kong Reuters China's top legislative body has approved a proposal to raise the country's retirement age the off ishel shinoa news agency said on Friday accelerating an overhaul of decades old laws to tackle the economic pressure of a shrinking Workforce China's retirement ages are currently amongst the lowest globally reform is urgent with life expectancy in China having risen to 78 years as of 2021 from about 44 yay RS in 1960 and projected to exceed 80 years by 2050 below are your comments almost doubling the life expectancy in 60 years is amazing I no fan of their system because I'm a loud mouth but that is impressive to me when a country raises the retirement age that country is in deep financial trouble the US has raised it several times and is about to raise it again a nation with a strong economy and no debt will lower the retirement age to reward citizens and to a low younger people to move up in the business World wow they still have pensions USA did away with those decades ago unless you are a cop or military or Congressman there are loads of young Chinese graduates who can't find work this move will make it even harder for them as Jobs won't become available as the older workers stay on for a few more years they can retire at 50 years old what a deal I can't retire at 67 fra unless I take a hit on my SS payment please subscribe to my channel and if you like it please thumbs up