China's retirement crisis is here, and Beijing will be forced to keep raising the retirement age, demographer says

"Given the severity of its demographic crisis, China will need to keep raising its retirement age, potentially fueling civil unrest and political instability," Yi said.

"The number of people over the age of 60 in China has soared the last 40 years, increasing from 72 million in 1980 to 297 million in 2023," according to the latest report.

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