this post was submitted on 03 Aug 2023
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Women in China retire at age 50, men at 60
how are retirement plans in china? are they good?
Pretty good. My mum's living in Shanghai (most populous city in China) and has been a pensioner for 20 years. It's enough money to get by and now that she's 70 she also receives monthly coupons for her neighbourhood canteen (although food is already very cheap)
really? that seems unsustainable, but would explain a few things I suppose.
Unsustainable??? Have you seen how many people there is in China? They could probably retire at 30 and still have enough people to fill in the jobs.
China has a bad ratio of young people to old people. They have a lot of people, but as the population ages there will be fewer working people supporting more retired people. It's not just about money either. There are a finite number of nurses or caretakers in a country at any given time, so it will mean higher ratio of people needing care to those able to give it. It's a complex issue that almost every country is going to be dealing with more in the future, but China will probably feel it more than average.
Keep in mind China has a much tighter family structure where children look after their elderly parents (and often live under the same roof), and in return grandparents provide free childcare so both parents are able to work full time. Nursing homes are not incredibly common but it might become a bigger problem as more and more young people move away from their family in the countryside to work in the bigger cities.
Oof. Check out what retirement ages were in the USSR. They were very similar to China with options to retire earlier if you worked more physically demanding jobs.
Turns out retirement ages in the imperial core have always been worse and since there is no big bad red to be scared of, the capitalists don't feel the need to make the same kind of concessions they needed to make to prevent similar uprisings in their country in the past.
Your life is being stolen from you for someone else's profit. It will always be this way under a capitalist system.
How does this not describe the USSR and China? Two literal empires that increased expansionist policies after going communist?
How many countries have Russia and China, combined, bombed in the last 10 years?
How many countries has the US alone bombed in the last 10 years?
It's a shame you don't really wonder why people don't describe Russia or China as part of the imperial core, because if you bothered to engage in arguments in good faith, maybe you could finally get the taste of boot off your tongue.
You both sound like huge bootlickers.