Conversation

10.17.18

The Taxman Cometh for Fan Bingbing. So How Widespread Is Tax Evasion in China?

Wei Cui, Donald Clarke & more
Mega-famous Chinese actress Fan Bingbing emerged from months of silence to admit on Weibo that she had evaded taxes and owed over U.S.$100 million worth of civil fines to Chinese authorities. In a remarkable apology, Fan wrote that, “without good...

China Imposes 100% Tax on Foreign Star Signings in Bid for World Cup Glory

Katie Stallard
Sky News
The country's President Xi Jinping is hoping the Asian superpower will host - and one day win - the global football tournament...

Caixin Media

06.05.17

China to Boost Checks on Overseas Spending

China is stepping up supervision of the use of bank cards overseas, a move the foreign-exchange regulator says is needed to fight money laundering, terrorist financing, and tax evasion.Starting September 1, banks will be required to report on a...

China Rolls Back Taxes by $55 Billion to Encourage Consumer Spending and Boost Growth

CNBC
China is cutting taxes this year by 380 billion yuan ($55 billion) in efforts to encourage spending and boost growth.

China’s Taxes on Imported Cars Feed Trade Tensions with U.S.

Keith Bradsher
New York Times
A Jeep Wrangler can cost $30,000 more in China than in the United States—and the reasons illustrate a growing point of tension between the two countries.

Trump’s Top China Expert Isn’t a China Expert

Foreign Policy
Peter Navarro doesn't speak Chinese, and has scant in-country experience. Should that matter?...

China Replaces Anti-Pollution Charges with Beefed Up ‘Green’ Tax

Wu Gang
China will start collecting environment protection taxes in 2018 to strengthen enforcement that authorities said local governments had interfered with

Xi Jinping’s Remedy for China’s Economic Gloom Has Echoes of Reaganomics

Chris Buckley
New York Times
President Xi Jinping has begun pushing a remedy that sounds less like Marx and Mao than Reagan and Thatcher.

Infographics

09.29.15

China’s New Roads Are Taking a Toll

from Sohu
On July 21, the Ministry of Transport issued a revised draft of its “Regulations on Toll Road Administration,” outlining planned adjustments to toll collection periods.Four Important Changes:{photo, 19386, 3}How Many Toll Roads Are There in China...

China Wants Taxes Paid by Citizens Living Afar

Keith Bradsher
New York Times
As Chinese individuals and companies head overseas in greater numbers, the country’s tax authorities are starting to follow.

China Wants Taxes Paid by Citizens Living Afar

Austin Ramzy
New York Times
The Beijing billionaires who set up cryptically named companies in the British Virgin Islands to hold their fortunes are in the cross hairs. So are the Guangdong salesmen living and working in Africa and Latin America. China’s tax officials are now...

Infographics

06.20.14

The Problem with Chinese Gas Prices

from Sohu
Implementing higher fuel standards in order to reduce air pollution is a good thing. But the “Big Two” oil companies who control the petroleum industry—Sinopec and CNPC—should take responsibility for the increased cost. Consumers already pay huge...

Infographics

04.15.14

Hidden Taxes

from Sohu
It is tax day in the United States, when many citizens groan and grumble at the size of their refund (what refund?) or scratch their heads as they try to maximize deductions. Our partners at Sohu recently published an infographic, which we have...

U.S. Targets Buyers of China-Bound Luxury Cars

Matthew Goldstein
Deal Book
A Florida businessman buys new cars that typically retail for $55,000 to $75,000 in the United States and resells them in China for as much as three times those prices.

Conversation

01.27.14

China’s Offshore Leaks: So What?

Paul Gillis & Robert Kapp
Two recent stories by the International Consortium of Investigative Journalists detailed China’s elite funneling money out of China to tax havens in the Caribbean. We asked contributors to weigh the impact of the revelations.

Report Says China’s Elite Use Offshore Companies

Andrew Jacobs, David Barboza
New York Times
The report names many of China's wealthiest citizens, as well as relatives of Xi Jinping, Wen Jiabao, and descendants of the CCP's founders...

Report Links Chinese Elite to Offshore Tax Havens

Joe McDonald
Associated Press
Attention is on President Xi Jinping's family and its wealth at a time when Xi has emphasized fighting corruption...

How We Did Offshore Leaks China

Marina Walker Guevara
International Consortium of Investigative Journalists
Chinese, European and Western journalists worked together to successfully leak a highly sensitive and secretive story.

China’s Overdue Payments to Hollywood Could Happen This Week

Patrick Frater
Variety
Hollywood studios expect to be paid every penny of revenue that has bee earned in China, which is currently held up by a payment dispute. Studio sources suggest that an announcement will be made  within a week.

China Box-Office Standoff: Hollywood Could Receive Back Payments Soon

Clifford Coonan
Hollywood Reporter
A solution in a tax dispute that has resulted in delays in box-office payments to Hollywood studios could be coming soon as China Film Group explores interim solutions ahead of a more permanent resolution in coming weeks.

Hollywood Studios Denied Payments from China

Rachel Abrams
Variety
Sony is up against an issue that has plagued the studios since at least January: The Chinese government wants to impose a value-added tax that cuts into what the studios expected to be their 25% revenue share of the Chinese box office.

Two China Cities Move To Cool Overheated Housing Market

David Barboza
New York Times
In Shanghai and Beijing, stricter laws governing residence status and residence-related taxes in order to offset a real estate bubble that could seriously damage the economy and exacerbate social tensions between the rich and the poor.&...

Ai Weiwei: I Won’t Pay

Josh Chin
WSJ: China Real Time Report
Artist Ai Weiwei said he would refuse to pay the remainder of a $2.4 million fine for tax evasion after a Beijing court rejected his appeal on Thursday, setting the stage for another possible showdown between the media-savvy dissident and Chinese...

Chinese Court Upholds Ai Weiwei Tax Fine

Sui-Lee Wee
Reuters
A Chinese court on Friday upheld a $2.4 million fine for tax evasion against the country's most famous dissident, Ai Weiwei, after barring him from attending the hearing, in a case that critics accuse Beijing of using to muzzle the outspoken...

Caixin Media

06.21.12

Economist Sees Room for Slashing Taxes

Increasing government spending would be a disservice to society rather than a benefit if Beijing wants to create a consumption-led economy, one economist says in a recent research report.“The so-called ‘structural optimization,’ which refers to...

Caixin Media

04.24.12

China’s Tax Burden: A Mysterious Lead Sinker

(Beijing)—In much of the world, admiration and envy are common reactions to China’s consistently high GDP growth rates. But closer to home, the Chinese public’s admiration of their own economic miracle is shadowed by tax increases that...