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China is facing an aging population. Over the next decade, about 300 million people are set to retire. This is nearly equivalent to the size of the US population. As the silver tsunami buffets China, the country has started to tackle this issue, aiming to build basic elderly care systems in every province by 2025. Services will include material assistance, nursing, and caregiving. But in a country where filial piety is considered a core virtue, sending one’s parents to a care facility is a social stigma. There is an expectation that children should look after their parents, a view particularly held among the rural population. But in the face of economic headwinds, caring for the aged is becoming an increasing burden on China’s sandwich generation. How will China navigate this cultural shift around eldercare? 0:00 China’s growing ageing population 4:57 Cost of caring for China’s ageing population 7:48 China’s healthcare worker shortage 11:26 The changing view of filial piety 16:55 Stigma around nursing homes 19:20 The problem in rural areas 23:10 The cost of retirement 28:24 China’s buckling pension system and raising retirement age 35:40 Loneliness in the elderly 37:25 A different kind of community 42:21 Is technology the solution? 44:03 The challenges ahead as China ages ========= ABOUT THE SHOW: Insight investigates and analyses topical issues that impact Asia and the rest of the world. ================== #CNAInsider #CNAInsight #China #AgingPopulation #FilialPiety #Eldercare For more, SUBSCRIBE to CNA INSIDER! https://cna.asia/insideryoutubesub Follow CNA INSIDER on: Instagram: / cnainsider Facebook: / cnainsider Website: https://cna.asia/cnainsider