China’s push to collect non-resident overseas financial account information comes as mainlanders are stepping up effort to take cash out of China amid a decline in the value of the yuan. Photo: Reuters

China’s tax authorities to begin financial data collection on foreign residents from January

Days of underpaying taxes to end soon as China takes part in worldwide scheme on swapping information on foreign residents’ financial assets

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China’s push to collect non-resident overseas financial account information comes as mainlanders are stepping up effort to take cash out of China amid a decline in the value of the yuan. Photo: Reuters
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