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China's super-rich 'in shock' and hunting for cash as Beijing issues surprise tax on offshore trusts
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China's super-rich 'in shock' and hunting for cash as Beijing issues surprise tax on offshore trusts

August 5, 2026·Source: CNBC·13 views

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.

This story was originally reported by CNBC. For the complete coverage and latest updates, visit the original source.

Read the full story at CNBC.

Originally reported by CNBC. Read the original article

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