Analysis: As China ages, investors bet they can beat retirement home stigma


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[1/5] Elderly visitors enjoy the sunshine, at a nursing home of Lendlease's Ardor Gardens in Shanghai, China February 27, 2023. REUTERS/Aly Song HONG KONG/SHANGHAI, March 3 (Reuters) - Investors are betting big on a major attitude shift among elderly Chinese - that they will warm up to retirement homes as the world's most populous country ages and smaller families struggle to support parents and grandparents. Who takes care of the elderly in China, where pensions are tiny, is one of the major headaches policymakers face as they deal with the first demographic downturn since Mao Zedong's Cultural Revolution. Costly nursing...