No money! CCP forces bosses to pay social security; China faces its Worst Economic Scenario

#Chinadeepdive

Hello, this is China Deep Dive. We have all the information you need to know about China at present. Today's topic is:

The Chinese Communist Party government recently introduced new social security regulations, requiring all businesses to contribute to social security for their employees. This has directly impacted small and medium-sized enterprises, with many owners complaining they can't sustain it. The employment difficulties faced by young people are even worse.

In this episode, let's discuss the impact of the new social security regulations.

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