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China’s NCSSF to get further $19bn of provincial assets

Jolie Ho
China's state retirement fund manager is to receive more assets from Shanghai and Sichuan province. Detailed rules about a new central adjustment fund will also be released soon.
China’s NCSSF to get further $19bn of provincial assets

China’s National Council for Social Security Fund is in talks with the authorities in Shanghai and Sichuan province about transferring more pension assets to it in order to help improve returns as the ageing country edges towards funding its pension system on a more sustainable basis.

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