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China’s Taxman May Axe HK Economy
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China’s Taxman May Axe HK Economy

Philip Bowring's avatar
Philip Bowring
May 13, 2016
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Asia Sentinel
Asia Sentinel
China’s Taxman May Axe HK Economy
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Hong Kong’s economy, already looking a little wobbly, could suffer a major blow if China is serious about cutting down on tax-dodging. With capital flowing out and debt problems mounting, Beijing has both economic and political reasons to clamp down on the use of the territory for re-invoicing of trade transactions. This not only is an easy way of movin…

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