Rising wages and the cancellation of some official incentives have already prompted some foreign-funded firms to leave China. Photo: Reuters Rising wages and the cancellation of some official incentives have already prompted some foreign-funded firms to leave China. Photo: Reuters
Rising wages and the cancellation of some official incentives have already prompted some foreign-funded firms to leave China. Photo: Reuters

Donald Trump’s ‘tax war’ could force Beijing to ease corporate burden

The US president’s plan may lack detail but it could put pressure on Beijing to reduce business burdens

Rising wages and the cancellation of some official incentives have already prompted some foreign-funded firms to leave China. Photo: Reuters Rising wages and the cancellation of some official incentives have already prompted some foreign-funded firms to leave China. Photo: Reuters
Rising wages and the cancellation of some official incentives have already prompted some foreign-funded firms to leave China. Photo: Reuters
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