Illustration: SCMP Illustration: SCMP
Illustration: SCMP
China economy

How US trade war could leave Chinese private firms at risk of being ‘taxed to death’

  • A rising tax burden is placing additional stress on private sector firms at a time when economic growth is slowing
  • Despite the key economic role played by the private sector, Beijing has limited room for manoeuvre when it comes to cutting taxes

Topic |   China economy
Illustration: SCMP Illustration: SCMP
Illustration: SCMP
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