“Chinese tycoons shift $17bn to family trusts amid tax raid”

Jan 21, 2019 | Investments

Ironically, one of the world’s few remaining communist states is home to  some of the world’s richest families. Their rulers, now allegedly getting a little short of cash, are waking up to this and, funnily enough, deciding they should pay more tax. As happens in every part of the supposedly civilised world, the rich are ahead of the game and already moving their money, lots of it, enough to pay for a couple of days of Brexit, offshore. To, guess where, a British tax haven.

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