February 2012 Vol. 17 No. 02
FPIF in urgent need of a revamp
Category: China
By Hui Ching-hoo
Contributors suffer due to strict investment structure
The president of China’s National Council for Social Security Fund (NCSSF), Dai Xianglong, says that the Chinese government is weighing up the possibility of channelling some of the local authorities-overseen fundamental pension insurance fund (FPIF) into the capital market in reaction to the fund’s returns lagging way behind the rate of inflation
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