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World News@quokk.au · 1 month ago

China's super-rich 'in shock' and hunting for cash as Beijing issues surprise tax on offshore trusts

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China's super-rich 'in shock' and hunting for cash as Beijing issues surprise tax on offshore trusts

CityPop@lemmy.today to

World News@quokk.au · 1 month ago

7

Beijing's move to tax offshore trusts, long used by China's ultra-rich to hold money, has set off a rush to lawyers and a scramble for cash.

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Maeve@kbin.earth
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1 month ago
Do you actually read anything from China that’s not from the poor, oppressed wealthier?
- 𝙈𝙞𝙖@quokk.au
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  1 month ago
  Got any recommendations for small scale journalism from China?
  
  Love to read something like a Chinese Michael West Media.

World News@quokk.au

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