On May 8, Shenzhen citizens found a significant reduction in their social security pension balances. Some people’s accounts even shrunk a third, the most loss reached 120,000 RMB, around 17000 USD. A wave of public outcry ensued, with aggrieved parties accusing the government of arbitrarily “pooling” their hard-earned social security funds. The controversy grew to such an extent that the balance inquiry function of the Shenzhen social security system was promptly suspended. Following in the footsteps of Sha
