ReferIndia News China's Social Insurance Stand: Reform or Risk?

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China's Social Insurance Stand: Reform or Risk?

Published on: Sept. 23, 2025, 11:34 a.m. | Source: Devdiscourse

China's top court has ruled that evading social insurance contributions through employer-worker arrangements is invalid. This policy aims to bolster pension funding but challenges businesses with higher costs, as many employers resist compliance due to economic pressures and uncertain enforcement. The ruling may not immediately boost consumer demand.

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