New NCSSF chairman facing major challenges
Lou Jiwei, previously China’s finance minister and former chair of China Investment Corporation, has another big job ahead of him – at the National Council for Social Security Fund.
The new chairman of China’s state retirement fund will need all of his considerable investment and leadership experience, given the daunting tasks ahead. These include helping oversee public pension reform (PPF) in the world’s most populous country and delivering an acceptable return amid notoriously high expectations.
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