China Mulls Delayed Retirement, Sparks Anger | Vantage with Palki Sharma

China Mulls Delayed Retirement, Sparks Anger | Vantage with Palki Sharma
China plans to raise retirement age to combat its population woes. The country’s retirement age remains one of the lowest in the world. Life expectancy in the country has risen to 78 from just 36 in 1949, so the country wants to delay retirement. But the plan to raise retirement age has sparked anger in China. Delayed retirement helps the government but is it good for the people? Is increasing life span the best argument to delay retirement?
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China | Delayed Retirement | Protests | Firstpost | World News | News Live | Vantage | Palki Sharma | News
#china #retirement #protests #firstpost #vantageonfirstpost #palkisharma #worldnews
Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens.
The show is anchored by Palki Sharma, Managing Editor, Firstpost.
By breaking stereotypes, Vantage aims to challenge conventional wisdom and present an alternative view on global affairs, defying the norm and opening the door to new perspectives. The show goes beyond the headlines to uncover the hidden stories - making Vantage a destination for thought-provoking ideas.
Vantage airs Monday to Friday at 9 PM IST on Firstpost across all leading platforms.
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[@Sooraj09073]

In India, the retirement age is between 56 and 60, and people are retiring because there are no jobs available for others. New job seekers are waiting for existing employees to retire in order to enter the workforce.

[@garrylum6025]

@@Sooraj09073 wait till they increase age pension. I'll can see riots.

[@johnhg_myaus]

Same in China..Many men above 45 are unemployed or underemployed. There are limits to becoming delivery riders or e-hailing drivers. Sure, govt can raise retirement ages but they need to keep the jobs till retirement age 60 or 65 or 70.

[@yunshenghe932]

Female Chinese can retire at age of 50. Isn't it too early?

[@mainaunt4447]

USA 67. 😢

[@MukadisAymen-ui8fy]

They want you to work until you drop dead the people should be given the choice just like some countries are doing you can choose to retire or continue working

[@MukadisAymen-ui8fy]

​@@mainaunt4447no wonder Joe biden he's still working when he supposed to be in the care home 🏡🏡

[@bigdaddyrichard75]

@@mainaunt4447you can start collecting at 62 if your not greedy or stay working until 67 if your greedy either way at that 62 and above you should have paid off everything you own and just worry about taxes and food, utilities and necessities

[@joellee6142]

50 really? how about a man? if true I wonder if their life rang ei lower there.

[@lucialadrillo3589]

Am 65 years still teaching in English Literature, It depends upon health. Health is really wealth. I dont feel like retiring as long as am healthy, I will teach. A bit slower, but still can go up to the third floor of the building for my classes. Secret ? I always pray for good health, and thank God for my wellness, I always love morning sunlight, exercise, and eat healthy, veggies and fish less meats, and fruit and I never stress my mind. Positivity. Stay away fron toxic people, just be happy enjoy life.🙏♥️🙏♥️🙏

[@Derrickr-f1r]

Vietnam has consistently demonstrated its commitment to peaceful conflict resolution, leveraging diplomacy, international law, and the United Nations to address challenges. With a deep-rooted love for peace, Vietnam continues to prioritize dialogue and cooperation, fostering a more harmonious and stable world.

[@MartinHernandez0]

I'm constantly seeking ways to boost my passive income, as I don't want to work until I'm 60. I'm taking proactive steps now to increase my earnings while I'm not working, and I'm excited for the future.

[@TorresFlores2]

Despite inflation reducing the US dollar's value, it's strengthening against other currencies and assets like gold and property. People are turning to the dollar for its perceived safety. I'm concerned about my $420,000 retirement savings losing value due to inflation. Considering alternative investment options is crucial.

[@Angela_belive]

Every market crash/collapse brings with it an equivalent market chance if you are early informed and equipped, I've seen folks amass up to $1m amid economy crisis, and even pull it off easily in favorable conditions. Unequivocally, the collapse is getting somebody somewhere rich.

[@Mailtorres]

I agree; there are strategies for achieving solid gains regardless of economic or market conditions. However, these strategies are typically executed by experienced investment experts.

[@Kumar-kf7nx]

You are right. Katie Thompson technical analysis has been a beacon of hope, especially during challenging market times, her service is amazing.

[@Shad-rl7qf]

Madam Palki - Talk about India. Remove the mandatory retirement in India and see how many senior indians will continue their work. You will be surprise that millions of >65 age will be happily working. Stop bashing China, store order in your own third world country.

[@Sooraj09073]

What about the critical positions, Indian prime minister is 72. Biden is 84, Trump is 77. Look other portfolios. We should rethink

[@garrylum6025]

@@Sooraj09073 maybe it's about time to make old people retire at a set age after all, there got enough money power and time for them to have a rest and enjoy there life time of work.

[@RameshJavaneGowdaDr]

Retirement age is 65 in UK

[@MackMateCom]

67 for a lot of us

[@TheSUale]

I retired at 68.

[@siddharthgupta4525]

in future you won't need that many workers AI will be there , china already has so high unemployment among youth .

[@RameshJavaneGowdaDr]

@@MackMateCom Currently 65. It is going to be 68 for those entered jobs recently. 10 years later joiners, work till drop dead.

[@jbc8673]

working is for suckers. I retired at age 43 back in 1998. living on less than 900 usa dollars a month all this time. I haven't worked since 1998. all I do is play computer games, watch netflix, surf the net, gym, eat, sleep, ride bike. no vices like smoking, drinking, drugs, gambling, etc. my monthly rent for a 35sqm furnished studio that comes with a swimming pool, and cable tv is 140 dollars. how do I do it on less than 900 usa dollars a month you ask? 70% of the people in the world make less than 1000 usa dollars a month. save enough money where the interest on your money is enough to live on each month. and you are good to go. how much money is needed? 200k usa dollars x 5% interest = 10k dollars a year in interest.

[@Rav01508]

Palki badmouthing the Chinese socioeconomic issues is as same as an homeless beggar criticizing the way a billionaire managing his money.

[@madmaxfury7702]

😂😂

[@xmkl38]

So true.

[@sleepyjoe4529]

haha nailed it

[@garrylum6025]

Biggest beggars are the one calling everyone a beggar.

[@victorbaia5127]

She always does that ,everyday she will abusive China

[@shermanpeabody6102]

How does the retirement age of China has any effect on India. ??? 🙄

[@Ben-vr6qz]

Wow China’s problem = Indian dream 😂

[@lautyp2322]

Sums it all😂

[@gopispeaking3607]

Delaying retirement with memory loss and lack of cognitive health is harmful.

[@Jakelink-7364]

At that point I’ll let myself die.. I’m not extending my life to work longer.. you got this twisted.

[@user-gp9mk7wm1s]

Meanwhile in India, 200,000 applicants for 1000 jobs at Air India. Demographic dividend 🤣 Women participation in workforce only 18% 🤣

[@dennisestradda9746]

Chyna bot say this to the million unemployed overly educated students

[@phillipchan6919]

India’s problem of over populated work force.

[@Apache1970]

​@@phillipchan6919Why don't Chinese hire unemployed Indian youth as Chinese population is shrinking ?

[@phillipchan6919]

@@Apache1970 China can’t hire them because America already took advantage of the cheap labor market in India. Plus, China is all automated, robotic, and AI controlled manufacturing. Any old men in China can push a few buttons to control these robots. China is not looking for Cow strength anymore.

[@TheAshdan81]

Age discrimination is real. And even if you retire, inflation will force you out of it.

[@1pairfatchopsticks]

How does it compare with India?

[@Moabi4]

She will never answer. 😂😂😂

[@iuho3952]

india is young aged and exuberant nation. plenty of young workers.

[@1pairfatchopsticks]

So what’s the retirement age in India and how much is their pension? Does it depend on which caste the person belong to?

[@chrysllerryu4171]

most indians will never reach age of 60

[@patrickt49]

India's population is generally younger than China's and a lot of multinational companies are moving there after China's espionage law fiasco. So I'd say they're doing better and still economically growing. China's years of astronomical growth have long passed.

[@MrAntonychong]

The one main factor for delayed retirement in China is the increased lifespan in China. In other words, the quality of life has increased with advancement in healthcare, food etc. While this is double edge sword, isn't it good news for a country that once mired in poverty and high mortality?

[@614Dayz]

Biden is wondering why the USA hasn't increased its retirement age ops I am the president 🤣

[@prakxyz]

Aged Chinese workers will be sent to Pakistan for SeaPack project

[@rddelta1606]

😂😂😂

[@socrates5647]

lol crying harder poor indians.

[@Moabi4]

Ridiculous 🤦🏾‍♂️

[@xrfa7422]

Get rid of the whole idea of retirement. It is outdated and the welfare state cannot afford it.

[@eds5977]

For my life Chinese had one child policy. What did they expect

[@Moabi4]

They expected to control the population to grow out of control. If it was not for the 1 China policy there would be 2 billion Chinese people by now. I doubt you would have liked China to have 2 billion people. So thank China for the 1 China policy.

[@MukadisAymen-ui8fy]

If you play God you pay a heavy price the Chinese was deceive by the Westin organizations to implement that evil policy and now who is crying China

[@ninersnation3298]

oh boy, everyday is same old, same old, china bad in all angle. I'm like let's give India some love, do some india coverage. I'm like Palki is so concern about chinese. can she do a report on homeless comparison between US, India and china?? Palki will see there is little homeless people in china while beggars are boatloads in usa and india.

[@lone_warrior665]

Chinese bot spotted

[@tindrums]

Make your own channel. No one stops you.

[@UnitedNationsunit6]

That is true I want her to talk about India not china

[@Moabi4]

​@@lone_warrior665Stop embarrassing yourself 😂

[@Moabi4]

​@@tindrumsno, we are going to comment here whether you like it or not. As long as Palki talks about other countries, we will comment.

[@evijay12345678]

In india, AP and Telangana also increased retirement age. First we will wash our thing, later we think about others

[@wongsoongcheng1245]

In other words India has the best retirement plan and the whole world should follow suit.

[@shiwei-x7t]

No work = No need to retire😅

[@plusvision100]

😂

[@phillipchan6919]

Congratulations to China for a more longer experienced workforce. Also, This will ensure a stronger work force in the future for China. And to make sure my Amazon orders be always filled on time. Cheers. 🥂

[@TRIUMPH413]

Big problem globally really

[@ajdv1915]

People if they want should work if they can, not limited by age. Productivity is dignity to personality.

[@duybear4023]

996 to 96 years old!

[@giangnguyen-kv5ki]

997 is coming!!

[@hiraktalukdar7540]

Come to India, keep on paying taxes, once you get fired, govt shows you Baba Ji ka Thulllu 😀

[@rickdee888]

Your nail polish looks fantastic! Nice red color.

[@phillipchan6919]

Work is good for health because it pushes the upper limits of all level of human body.

[@Tawsoe1730]

Imagine bus driver lost his direction! 😅

[@HealthElites]

She is distracted

[@cherubimcherubim9515]

Why does India like to compare with China, but China doesn't care about India? China doesn't see India as a threat or something to aspire for, then the reason is simple. Talk to any one. For a vast majority of them, India is a low income country, with poverty and misery everywhere. Watching india's street children is heart breaking. That's literally how the ordinary people views India. Business people that travel to India but never eat outside the hotel or only do selectively because they feel it is too ‘unclean’. Just take an aerial view of Shanghai and compare it to Bombay and it doesn't take a genius to figure out why that is. Remember, China is a middle income country (think Turkey or Mexico), while India is a low income country (think Pakistan or Bangladesh).

[@divyansh_madaan]

China has no enemy at its borders, even if it has then the country is too weak India is the only bordering country for china that can damage china, our military and airforce are increasing constantly, US will obviously support India, India has good relation with russia so it will not blindly support china in a war. Due to china's policy a lot of companies want to manufacture elsewhere, India is most suitable That's why India is a threat to china

[@Viv8ldi]

After the age of 45 brainfunctions starts to decline?… juh artik 🤣🤣🤣🤣 what a fool

[@MosesDkhar-cl7og]

Kum ka seng ba ialeh pyrshah ia ka bamsap bampong te ka biang namar hapoh Garo ruh ki bun kiba isih ia ka bamsap,hynrei kum ka seng ka ba ialeh na ka bynta ka hok ,ka bha ka miat jong ka jaid bynriew 7 trep te ka long kaba kaba eh namar ki Garo hi kin ym hun lymda ki ioh ia ka elephant share.

[@himanshusinghal242]

I think that concept of full retirement at sixties should be scapped. As you cross fifties, start loking for jobs for lower pressure jobs. company always welcome over-qualified people, so it should help.

[@ekleong8]

Singapore also extended their retirement age gradually from 62 to 65 by law & allowing mutual renewal up to 70 years ago. Many other Europe countries and Japan also do the same thing!

[@BruceJ999]

She won't report that,China lives rent free in her head

[@phillipchan6919]

Modi should plan his retirement.

[@rameshregmi4618]

comment about yours not about china everyday.

[@nalinghai5688]

I guess if it happened than China have changed the rules for price war.. Back in eighties in Rajeev Gandhi s regime similar move surfaced in China but Rajeev did not approved of policies which may reduce n shrink childhood n nominations in some or the other rat race soon after birth of a child..rather added up benefits to retirement plans n subsidies for senior citizens including freedom fighters..this caused unrest in ethnic groups in North West India n unrest manifested in many ways including terrorism n separatism.. we should not ignore the fact that our generation brought up out of those benefits ..and seren about better life than our predecessors..

[@jamesong59]

So, how does India solve the retirement issues in the coming 15 years. Will India GDP the same level to China?

[@boiscooka232]

Lmao

[@phillipchan6919]

Tell Modi to worry about his retirement coming up soon.

[@JV-ds8zm]

Look India never needed the retirement plans. The ones that willing to work move abroad and the rest jobless.

[@zarthustra7]

What happened - u didn't found a wife? 😂

[@tiaoyi-bx5yi]

The fact is that the average life expectancy in China is 81. Life expectancy in India is 67. Retirement age in China is 60 for men. Female 50 years old.

[@Raghuram_2894]

That's according to 2011 census stupid. It's been 13 years.

[@Mr.Patrick_Hung]

Fifty years ago the life span in China was almost half of what it is today. So it makes sense to adjust the retirement age.

[@DaneRates]

Modern medical science can cause what your describing.

[@charmaine8512]

In Australia those that ditched the Indian passport have a gift _ Retirement from 60 to 65, now 67 and plans to increase. Australia welcomes immigrants and many abandon their country not knowing about all the hidden agendas, hiddeb costs and what if you are in a situation _ major illness or no job guarantee, or recessions

[@garrylum6025]

You pay 60 bucks to see the doctor now. You get 42 bucks back on Medicare. Welcome to the new Australia.

[@yowaiomae914]

​@@garrylum6025what does ehat mean? I need to buy med to get money back? Wtf?

[@garrylum6025]

@@yowaiomae914 it means you now pay 60 bucks to see a doctor you get 42 dollars back from Medicare, what ever happen to bulk billing...

[@gandaasolomon6140]

Specialist in Chinese problems

[@chongsewaun930]

Palki Sharma, steer clear of China if you do not know the Chinese culture. You are distorting all the facts.

[@gamingshortzzzz4480]

Raise it in India😢

[@vishalmishra3046]

*AI powered machines* should take care of all the day to day chores at home for the the elderly. Younger humans are best suited to take care of their emotional needs only, so that it can be a sustainable win-win for both generations (older and younger) enabled by modern technology innovations at scale - a solution for any society with aging population problem. Young people need to prioritize identifying and executing on the best solution ideas from across the world before they get too old to do anything more about this dangerous problem (Aging) that no one across the world is immune to.

[@HengSoonAng]

Why is this lady worried about everything and anything wrong with China?

[@rakeshbhadouria8542]

And why are you worried about commenting on anything and everything this lady reports about china

[@garrylum6025]

Palki needs to date a Chinaman to get it out of her system. Tick that off her bucket list.

[@prajwal1341]

😂😂😂wumao🤢🤢🦇🦇🇹🇼🇹🇼

[@prajwal1341]

@@garrylum6025 u need to date xi pong and winnie the pooo🤢💦💦

[@garrylum6025]

@@prajwal1341 at least they don't build a new bridge and have it fall down again, they look at where the problem was not blame each other like your mob.

[@Viv8ldi]

Palki😍

[@ajkulac9895]

There's nothing else to do 🤷

[@peterchan5747]

Beautiful lady but ill at heart !

[@alanccvoo]

Nothing new...we live longer ..hence need the money...need to work longer..this every one understand...angry also no use...just focus on staying healthy and earn more money

[@willychua3249]

over work

[@MackMateCom]

Still better off than uk by a long shot

[@adityarajput5752]

Papki sharma i watch all yr videos they are really helpful and easy to understand Thnxxx

[@jesuschristthesonofgod888]

I gave jobs to India. I WILL GIVE MORE PERMANENT JOBS TO INDIA. I DO NOT ASK FOR ANYTHING BACK. I GIVE THEM PERMANENT JOBS FOR THE GLORY OF GOD AND TO JESUS THE SON OF GOD.

[@DaneRates]

Not interested Your labeling stereotyping elderly people in general . Your observations and opinions are Foolish misleading. Example covering the entire age range some people were not Foolish enough to take loans for college or houses they could not afford even if they found a job. Generalizeding that all elderly people are in decline incompetent is a irresponsible statement. It is a case by case observation. This article targets the elderly for potential ambulance medical customer abuse.

[@Gw2kitty]

is scamming others a job in china

[@giangnguyen-kv5ki]

May add another one, Bullying!

[@DuChen-py7gl]

Yes, all fraud call centers are from India. India earns $100 billion a year by swindling the world. Indians are proud of it.

[@SlimJim3082]

It's an indian job lol. Scammers are all from.india and your govt encourages it cos it can't provide employment to u

[@zarthustra7]

I thought people would be fighting to work till 65 or more.

[@COLLAPSE.of.US.ECONOMY]

The scariest thing that will happen to India is that almost all East Indians will rapidly age all at once.

[@dennisestradda9746]

Hahaha Chyna will soon be the biggest retirement home

[@phillipchan6919]

Tell Modi to worry about his retirement coming up soon enough.

[@user-gp9mk7wm1s]

Since life expectancy is low in India, retirement age should be lowered for Indians

[@rayyanabdulwajid7681]

Can I retire at 30, saying that I feel like dying at 30?😂😂

[@zarthustra7]

Should work till at least 65.

[@samsonwoldegaber9786]

You are pessimist about China

[@Redmi-xu1yo]

Chinese power 💪👏 no1 superpower in the world 🌎 palKi sharmaN YeeNdiA plz fix the 🚽 toilet

[@L20241]

Isn’t indias retirement age 60 also

[@jeasgordon2802]

Wahaha no investor no money sad life hahaha