China's super-rich 'in shock' and hunting for cash as Beijing issues surprise tax on offshore trusts
· cnbc.com
Beijing's move to tax offshore trusts, long used by China's ultra-rich to hold money, has set off a rush to lawyers and a scramble for cash.
CHINA - 2025/09/05: In this photo illustration, the 100-yuan RMB banknotes, a calculator and a Chinese national flag are placed on the table.
Offshore trusts h...