US Edition
China to Implement Mandatory Social Security, Severely Impacting Businesses and Workers
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Chinese citizens walk on the streets of Beijing's business district. Photo: Associated Press Newtalk News China's implementation of a mandatory social security system starting September 1st has sparked widespread public outcry. China's social security contributions are far higher than those of developed countries, making it more difficult for micro-businesses and low-wage workers to survive. To circumvent social security, "flexible employment" a…
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