Aussies Eye on China's Senior Care Market
Reporter: Lu Sirui
For generations, senior care has remained almost a non-issue here in China simply because of poor living standards and a shorter life expectancy. However, the situation is way different now from what it was decades ago, and the nation feels the urgency to embrace the impact of an aging society. As CRI's Lu Sirui reports, the demographic change poses a huge social and economic challenge for China but also provides an unprecedented business opportunity particularly for countries like Australia that boast much expertise in aged care.