Improving migrant workers’ living standards key to boosting Chinese consumption: HSBC

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Source: South China Morning Post
Published: 2026-09-11 16:18 UTC+10:00
Section: General
Factuality Score: 92
Opinion Category: Neutral
Topics: Business, Immigration, Asia, Economy & Finance, China, Tax & Budget, Business & Economy, Asia Pacific
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Snippet:
Report says reforms aimed at reducing their high precautionary savings rate could unlock US$95 billion a year in spending
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