China’s top earners pay 45 per cent rate on their incomes. Photo: Alamy

Why China should worry if it keeps its 45 per cent tax rate on top earners

High rates, if unchanged, are impetus for talent exodus, argue eight academics in a submission to the public consultation by Beijing ahead of the individual tax code review

Topic |   China economy

TOP PICKS

China’s top earners pay 45 per cent rate on their incomes. Photo: Alamy
READ FULL ARTICLE