China steps up tax crackdown on overseas investments
Wealthy individuals are rethinking trading strategy as Beijing tries to fill its coffers to counter economic pressure
Wealthy individuals are rethinking trading strategy as Beijing tries to fill its coffers to counter economic pressure

Beijing determined to retain leverage over supply by preventing buyers from building large inventories

Beijing seeks to bolster revenues to compensate for slowing economic growth

Extensive licensing requirements raise concerns about intellectual property theft

Communist party leadership pledges to ‘stabilise’ major engine of economic growth

The private sector needs enforceable protections, predictable regulation, and personal bankruptcy laws

Government wants to create a handful of national champions that can compete against large US and European rivals