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Home Videos

China’s New Social Security Ruling Sparks Backlash

DeFi Daily News by DeFi Daily News
August 14, 2025
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China’s New Social Security Ruling Sparks Backlash
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China’s top court has ruled that companies and employees can no longer skip mandatory social insurance payments. The August 1 decision has sparked backlash online, with many concerned it could affect small and medium-sized businesses. Bloomberg’s Minmin Low breaks down what’s changing, who’s affected, and why it’s causing alarm.
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Tags: BacklashChinaChina EconomyChinasDavid InglesMinmin Lowrulingsecuritysmall businesssocialsocial securitySparksYvonne Man
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