Tapping In to China's Pension Market

The video discusses the potential and challenges of China's pension market, highlighting the slow start of global asset managers due to brand recognition and distribution issues. It explains the role of domestic banks in the new pension trial and the challenges foreign managers face. The need for reforms is driven by China's aging population, with the government aiming to prevent the pension program from running out by 2032. The video also notes that entering this market is a long-term investment, with some companies like Vanguard already retreating due to the commitment required.

How does the aging population in China impact the pension system?

What long-term commitment do global asset managers need to consider when entering the Chinese pension market?