China ‘two sessions’: help for coronavirus-hit small businesses likely to become more targeted, analysts say

Source: South China Morning PostChina’s pledge to extend additional support to vulnerable small businesses will be more targeted, with the broad policies aimed at offsetting the economic impact of the coronavirus likely to be scaled back as conditions improve, analysts said.With Beijing still concerned about employment and social stability, last week Premier Li Keqiang pledged to continue the broad business tax cuts enacted in the past two years, while extending the duration of several existing temporary support policies and…Read More

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