By John Ruwitch, Reuters SHANGHAI, May 28 – China should increase investment in care for the elderly, President Xi Jinping told a meeting of the country’s top leaders on its ageing population, official Xinhua news agency reported. “Our policies, measures, work base, institutional mechanisms, and so forth are still deficient leading to a fairly large gap with the hope of the elderly to enjoy happiness later in life,” it quoted Xi as saying on Friday. Photo courtesy of english.cntv.cn For the first time in decades China’s working age population fell in 2012 and the world’s most populous nation could be the first country in the world to get old before it gets rich. China’s population is set to peak at about 1.45 billion by 2050 when one in every three people is expected to be more than 60 years old, with a shrinking proportion of working adults to support [...]