More than 100 listed companies in China have been sprung with unprecedented tax clawbacks and charges for delayed tax payments totaling around 7.7 billion yuan ($1.1 billion) in the first six months of 2026. https://www.japantimes.co.jp/business/2026/08/26/companies/xi-tax-chinese-listed-companies/?utm_medium=Social&utm_source=mastodon #business #companies #xijinping #china #taxes
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