Logo 08 Apr 2023

Nest egg slow to boil

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Trivium Markets keeps you briefed on the latest developments in China markets policy.

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Beijing has big plans for its new private pension system, but citizens have been slow on the uptake.
Quick refresher: China launched a personal pension system in November to encourage individuals to save for their retirement.

Contributions of up to RMB 12,000 a year are allowed and are tax-deducti...