China’s small-business owners are feeling the pinch, with fears that it could become even harder to make a living. Photo: Getty Images
China’s small-business owners are feeling the pinch, with fears that it could become even harder to make a living. Photo: Getty Images

China’s small-business owners tighten purse strings, embracing frugality as hardships and uncertainties mount

  • Fearing for their livelihoods with little respite from the hardships of the pandemic, those who own micro and small enterprises are forced to find income elsewhere
  • New data shows ‘backbone’ of China’s economy came under even greater pressure in recent months, while outlook for 2022 sends up more red flags

China’s small-business owners are feeling the pinch, with fears that it could become even harder to make a living. Photo: Getty Images
China’s small-business owners are feeling the pinch, with fears that it could become even harder to make a living. Photo: Getty Images
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