KM Financial Solutions | China to cut $71.3 bln insurance fees to help firms amid coronavirus outbreak
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China to cut $71.3 bln insurance fees to help firms amid coronavirus outbreak

China to cut $71.3 bln insurance fees to help firms amid coronavirus outbreak

China is expected to cut pension
contributions and insurance fees by more than 500 billion yuan
($71.27 billion) this year, government officials said on
Thursday, as it seeks to help companies weather the coronavirus
outbreak.

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