China tax evasion clampdown leads to wave of arrests
By Yoke Wong
Published: Monday, 14 August 2017
Several refractory minerals suppliers alleged to have committed tax evasion have reportedly been arrested in China, with many wary of Beijing’s clampdown on the practice warning that there could be more prosecutions.
Several refractory minerals suppliers accused of tax evasion
were arrested by Chinese custom authorities over the past two
weeks, with the clampdown expected to spread, sources
claimed.
"The Chinese customs officials have become very active
recently: they are arresting people," one Europe-based supplier
said.
Around 30 people have...