Signs rising that China will let pensions invest offshore

China will, sooner or later, allow its pension funds to invest overseas to help grapple with the challenge of how best to support its rapidly ageing population, though the timing will hinge on broader macroeconomic conditions. Zhou Xiaochuan Zhou Xiaochuan, former governor of the People’s Bank of China, voiced his support for the move in late December. The financial heavyweight’s comments reassured some market participants that China is actively considering allowing pensio…