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CityPop ( CityPop@lemmy.today )  to World News@quokk.au · 3 months ago

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

www.cnbc.com

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

www.cnbc.com

CityPop ( CityPop@lemmy.today )  to World News@quokk.au · 3 months ago
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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.
  • Maeve ( Maeve@kbin.earth ) 
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    3 months ago

    Do you actually read anything from China that’s not from the poor, oppressed wealthier?

    • 𝙈𝙞𝙖 ( Quokka@quokk.au ) 
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      3 months ago

      Got any recommendations for small scale journalism from China?

      Love to read something like a Chinese Michael West Media.

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