In China business is better than America

In China business is better than America

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In China business is better than America

The head of a large company, which the lion’s share of its profits in China, Steve Wing said that the problem with the unrest in Hong Kong are inferior in importance of the issues that have arisen in the United States.

Protests democratic forces should be considered part of a pleasure party, which will soon be over. In China everything is always quite practical and pragmatic, but with regard to the business environment, in America really have any great inconvenience. In all this there is logic.

It refers mainly to tax inversion. The Ministry of Finance has changed a few sections of the code so that it became unprofitable to change residence, and stopped the flow crossing the main offices of American companies abroad. Income tax rate in the United States are among the highest in the world at 39.2%, forcing the company to look for ways of leaving the country.

Such a policy hostile to business, lets comfortable business development in the country and at the same time punish all dissenters.

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