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    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: Asia
    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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