From October 22, China’s grace period for the disclosure and settlement of certain offshore-trust tax liabilities ends. For the Chinese government, this deadline highlights its desire to affirm control over capital outflows, while for Chinese high-net-worth families, it serves as a reminder that it…
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Business
October 21, 2026 at 12:30 PM
China’s offshore tax crackdown could inadvertently fuel a digital dollar boom
SCMP Business
Excerpt from SCMP Business.