chinas super-rich, foreign assets, taxing the rich

China’s Wealthy Hunted by Tax Authorities From Beijing

China’s wealthy individuals are apparently on edge since Beijing started ramping up its drive to identify tax dodgers. Until now, the rich could transfer their wealth overseas and avoid paying taxes. But with China joining the Common Reporting Standard (CRS) last year, escaping the taxman will be tough. China’s wealthy are afraid of CRS “After ...

Nspirement Staff

Two wealthy Chinese women shopping.

2 Secrets Heavily Guarded by the Chinese Communist Party

The removing of the two-term limit for China’s president has sparked a wide-ranging debate regarding the nationality and foreign assets of its leaders, raising questions about the Chinese Communist Party. Outsiders speculate that the Chinese Communist Party (CCP) has two major secrets that the regime seems to be withholding from the public: The disclosure of ...

Hermann Rohr