Share

China, the retirement home business

Once upon a time, families took care of the elderly, but, due to economic and cultural factors, this is no longer the case. In Italy as in China, traditional family ties loosen. In China, those over 60 are 13% of the population, and in 2042 they will be more than 30%. International investors are already dealing with it

China, the retirement home business

The rapid aging of many countries usually heralds major problems. A dwindling active population has to support growing crowds of inactive seniors, medical bills rise with age, and the burden of pensions grows ever greater. But, proving that there is always a consolation in every difficulty, aging creates a business: the retirement home business.

Once upon a time, families took care of the elderly, but, due to economic and cultural factors, this is no longer the case. In Italy, as in China, traditional family ties are loosening. In China, those over 60 are 13% of the population, and in 2042 they will be more than 30%. International investors, who already have experience in the field, are moving to build the business in China. Too bad that in Italy, where the opportunities are just as great, this business, which could create jobs and profits, is still lagging behind.

http://usa.chinadaily.com.cn/business/2011-12/05/content_14212112.htm

comments