The average tax burden of business owners surveyed was 5.14 per cent of total business turnover in 2016. Photo: AFP

Chinese firms say profit margins ‘squeezed to extreme’ by rising costs

Nationwide survey finds many business owners struggling to cope, with 80 per cent calling for cuts to taxes and charges

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The average tax burden of business owners surveyed was 5.14 per cent of total business turnover in 2016. Photo: AFP
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