A more strict collection of social security taxes will cut corporate profits by 2.5 per cent and chip 0.6 percentage points from China’s normal economic growth. Photo: Bloomberg

China stocks rise for first time in three days after Beijing signals no increase in employers’ social security costs

Topic |   China stock market

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A more strict collection of social security taxes will cut corporate profits by 2.5 per cent and chip 0.6 percentage points from China’s normal economic growth. Photo: Bloomberg
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