The east is grey
http://www.guardian.co.uk/elsewhere/journalist/story/0,7792,1300723,00.html
China has failed to provide for its old age and will almost certainly
have to review its one-child policy, writes Jonathan Watts
Thursday September 9, 2004
For much of the last century China's communist government claimed, in
the words of the revolutionary anthem: "The east is red." Now,
however, it is warning that the colour most likely to be associated
with the country in the future is grey.
The world's most populous nation is rapidly growing old, and as a new
white paper on pensions revealed this week, the demographic change
could undermine economic growth and social stability unless the
government takes radical steps to prepare for a wave of hundreds of
millions of new retirees.
Jonathan Watts
http://groups.google.com/groups?hl=en&lr=&ie=UTF-8&oe=UTF-8&selm=18510aff.0401210213.413e6a10%40posting.google.com
Is the wakening giant a monster?
http://tinyurl.com/iws6
A Blueprint for the Future
http://tinyurl.com/9vga
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