In today’s briefing:
- CX Daily: As Mass Covid Testing Becomes China’s New Normal, Debate Grows Over Who Pays
- NPS Reduces Asset Allocations for Domestic Equities and Fixed Income
CX Daily: As Mass Covid Testing Becomes China’s New Normal, Debate Grows Over Who Pays
In Depth: As mass Covid testing becomes China’s new normal, debate grows over who pays.
Climate issues shouldn’t bear political labels, U.S. envoy says.
China’s premier puts greater emphasis on growth.
NPS Reduces Asset Allocations for Domestic Equities and Fixed Income
- NPS plans to reduce the proportion of domestic equities in the fund to 14% by 2027, down from 16.3% at end of 2022.
- Although the proportion of domestic stocks will be reduced to 14% by 2027, total investment in domestic stocks is expected to rise by 27.1 trillion won to 192 trillion won.
- The decline in asset allocations for for domestic bonds is much steeper (from 34.5% of total at end of 2022 to 22.9% at end of 2027).
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