China’s Proposed $3 Pension Increase Draws Attention to Retired Senior Officials Extravagant Spending

170 million Chinese people’s pensions can’t cover their cost of living, while retired CCP senior officials are squandering the state treasury.

An elderly man carries a bag of recyclable materials on his back in Ruili, west Yunnan Province, in China on Jan. 13, 2023. Noel Celis/AFP via Getty Images

News Analysis

China’s economic-focused “two sessions” have set a target of raising the minimum pension fee for urban and rural residents by 20 yuan (about $2.8) to 123 yuan (about $17) per month. The move drew widespread concerns over the vast disparity in pension amounts between the average Chinese citizen and party officials.