Chi­na is rais­ing its retire­ment age, now among the youngest in the world’s major economies

BEIJING (AP) — Start­ing next year, Chi­na will raise its retire­ment age for work­ers, which is now among the youngest in the world’s major economies, in an effort to address its shrink­ing pop­u­la­tion and aging work­force.
The Stand­ing Com­mit­tee of the Nation­al People’s Con­gress, the country’s leg­is­la­ture, passed the new pol­i­cy Fri­day after a sud­den announce­ment ear­li­er in the week that it was review­ing the mea­sure, state broad­cast­er CCTV announced.
The pol­i­cy change will be car­ried out over 15 years, with the retire­ment age for men raised to 63 years, and for women to 55 or 58 years depen­di …