Government signs international agreements for social insurance

    August 16, 2012 | BY

    clpstaff &clp articles

    The Social Insurance Law received a mixed reception from foreigners worried about increased tax burdens. Many provinces have yet to issue implementing regulations, but new international agreements to end double contributions could change that.

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    So far the government has only signed deals with South Korea and Germany, but more agreements are expected.

    “China needs to move forward in this direction, given the number of