China to inject SOE assets into state retirement funds

Nov 21, 2017

Assets are changing hands among state-owned entities to support the first pillar of the pension system in China, but the asset management business is unlikely to reap benefits from this.

China to inject SOE assets into state retirement funds

China has initiated an ambitious plan to shift stakes in state-owned enterprises (SOE) to its national and a set of province-run pension asset managers, in an attempt to plug shortfalls in the country’s public retirement system.

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