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...

This is a preview of the full article

Our market news and price data is reserved for registered users only.

Current customer? Login now

All of our industrial minerals price data and news is now available only through our new platform. Learn more about the intelligence we offer by visiting our Fastmarkets flagship website. If you are familiar with our reliable and trusted intelligence, fill out a request a quote form today to hear from our friendly sales staff who will create a custom license for you.


           



Interested in lithium prices? We now offer lithium prices and coverage free for reference. Click here to read all about it.

Interested in the wider electrification market?
Join our growing community of participants who want to learn more about electrification and how this market is developing.