Labour costs for private businesses in China are expected to rise dramatically next year. Photo: EPA-EFE

Small Chinese firms seek ‘lessons in survival’ as they brace for impact of social welfare taxes

Already under pressure from the trade war, businesses look for ‘tricks’ to keep costs in check as authorities get tough on collecting social security payments

Topic |   China economy

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Labour costs for private businesses in China are expected to rise dramatically next year. Photo: EPA-EFE
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