Beijing’s Interest in Offshore Tax Evasion Limited to Corrupt Officials
Beijing has made much of its effort to “hunt foxes’’—track down corrupt officials living overseas and repatriate their wealth. But there is a far bigger pot of gold available to Beijing, if it chose to track down wealthy Chinese evading taxes abroad.
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U.S. dollar notes are counted next to stacks of Chinese 100 yuan (RMB) bank notes at a bank in Huaibei, in eastern China's Anhui Province, on Sept. 23, 2014. STR/AFP/Getty Images
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By He Qinglian
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