China's aging population of rural migrants face economic challenges and lack of social security, leading to low pensions and poor living conditions in their retirement years.
Key Points
Rural migrants in China face a late-life drop in living standards due to lack of social security
China's social security system is unfit for the worsening demographic crisis
Elderly rural migrants in China risk living below the poverty threshold
China's pension system is facing funding issues and may run out of money by 2035