- cross-posted to:
- worldnews@lemmy.ml
- cross-posted to:
- worldnews@lemmy.ml
Beijing battles demographic crisis and pressure on pension system by keeping population in workforce for longer
Beijing battles demographic crisis and pressure on pension system by keeping population in workforce for longer
Explain the mechanism by which the pension funds get funneled to the Chinese bourgeoisie in the PRC. Capitalists never touch public money in China, hence they are not financed by the PRC.
Ah, I see what you’re saying now I think, so it would still be benefiting the capitalists (expanding the labor pool does that) but, in terms of direct finances, it doesn’t really intersect with them.
Yeah, I was being very specific but I can see where the confusion came from. Thanks.