China retirees benefit property developers

Global Business

China’s retired population hit 170 million by the end of last year, making up 13% of the total population. The country’s ageing population is an opportunity for property developers, who are looking for ways to boost falling home sales. CCTV America’s Hu Xiaocen filed this report from Shanghai.

China retirees benefit property developers

China retirees benefit property developers

China's retired population hit 170 million by the end of last year, making up 13% of the total population. The country's ageing population is an opportunity for property developers, who are looking for ways to boost falling home sales. CCTV America's Hu Xiaocen filed this report from Shanghai.