Daily Memo: China’s Small Businesses Take a Hit

A new study sheds light on how these companies have been coping with the pandemic.

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The toll on small business. It’s been hard to pin down from official figures exactly how hard small businesses in China have been hit by the pandemic. A new Tsinghua University study sheds light on the issue, suggesting that the rate of small business closures in China tripled to around 18.5 percent in 2020. Small […]

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