China keeps a wary eye on Trump’s tax-cut plan

China keeps a wary eye on Trump’s tax-cut plan

President Donald Trump’s plan to slash business taxes is having a domino effect on a major American economic competitor: China.   Like Mr. Trump, many Chinese executives say corporate taxes are too high, with some calling it the “death tax.”   “We pay a lot to feed the civil servants,” said Zhou Dewen, director of…

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