Source: China – South China Morning PostChina’s struggling small and medium-sized manufacturers will see their taxes deferred for three months from November to help them cope with the high price of raw materials and surging production costs, the State Council said on Wednesday.The smallest manufacturers – those with annual sales revenue less than 20 million yuan (US$3.13 million) – will have all of their taxes deferred for the period, while 50 per cent of taxes will be deferred for manufacturers that pull in 20 million yuan to 400…Read More