Landmark day beckons for China’s pensions system
The NSSF is to sign an investment mandate with the Guangdong government to manage Rmb100 billion in public pension assets. It marks a first step to much-needed reform.
Tomorrow stands to be a landmark day for China’s public pensions industry with the National Social Security Fund (NSSF) set to ink an investment mandate to manage Rmb100 billion with the Guangdong government, a senior source tells AsianInvestor.
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