Beijing’s

Beijing’s $3 Trillion Fiscal Reckoning: The Global Offshore Sweep Explained

For decades, foreign equities, offshore trusts, and foreign property held by China’s elite operated in a regulatory grey zone. That era has officially ended. Beijing has launched one of the most aggressive fiscal audits in modern history—a global hunt for hundreds of billions of dollars in unpaid taxes on overseas capital gains. Crucially, tax authorities…

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