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Hong Kong budget fails to address pension savings issue

The city’s annual budget had little to offer to encourage people to put more aside for retirement. That’s a mistake, given its fast-ageing populace.
Hong Kong budget fails to address pension savings issue

The annual budget of Hong Kong chief executive CY Leung’s administration – announced by new financial secretary Paul Chan on Wednesday – carried some surprises, including a far-larger-than-expected surplus.

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