Gridlock stifles Hong Kong pension reform

Feb 19, 2003

Hong Kong needs to take radical action to stave off an alarming ageing problem, but is hobbled by an impotent political structure says HKRSA.

Hong Kong's ineffective government seems unable to deal with the looming financial crisis caused by a rapidly ageing population: that was the gloomy message from a recent seminar on retirement protection sponsored by the Hong Kong Retirement Schemes Association (HKRSA).

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