Cao Dewang, founder-chairman of Fuyao Glass Industry Group, has cited high taxes in China for his decision to move some of its manufacturing to the US state of Ohio. Photo: Nora Tam Cao Dewang, founder-chairman of Fuyao Glass Industry Group, has cited high taxes in China for his decision to move some of its manufacturing to the US state of Ohio. Photo: Nora Tam
Cao Dewang, founder-chairman of Fuyao Glass Industry Group, has cited high taxes in China for his decision to move some of its manufacturing to the US state of Ohio. Photo: Nora Tam
China economy

Are Chinese enterprises being taxed to death?

Zhang Jun says Chinese manufacturers will lose their edge and increasingly look for cheaper places to do business unless the tax structure is simplified and curbs put on soaring land and financing costs

Topic |   China economy
Cao Dewang, founder-chairman of Fuyao Glass Industry Group, has cited high taxes in China for his decision to move some of its manufacturing to the US state of Ohio. Photo: Nora Tam Cao Dewang, founder-chairman of Fuyao Glass Industry Group, has cited high taxes in China for his decision to move some of its manufacturing to the US state of Ohio. Photo: Nora Tam
Cao Dewang, founder-chairman of Fuyao Glass Industry Group, has cited high taxes in China for his decision to move some of its manufacturing to the US state of Ohio. Photo: Nora Tam
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