Investment channels should be diversified to prevent depreciation of China’s pension fundsAc c o r d i n g t o a n auditing report on the national social security fund released by the National Audit Office(NAO),the 2.7-trillion-yuan($437.6-billion)pension fundsuffered losses of 17.8 billion yuan($2.88 billion)in 2013 because of negative interest rates.
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