Investors bet on ending China's retirement home stigma
1 year ago
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China's National Health Commission projects the number of people aged 60 and over will grow to 400 million in 2035, from 280 million now. The ageing population boom will create a need for 40 million beds in community facilities and nursing homes, up from 8 million now, analysts say. But first, there has to be a major attitude shift. Rachel Graham reports.
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