EconomyChina’s offshore tax crackdown could inadvertently fuel a digital dollar boom

China’s grace period for reporting and settling certain offshore-trust tax liabilities ends on October 22. The deadline signals the government’s determination to control capital outflows and warns wealthy Chinese families that international assets are harder to shield from government reach. It comes as China tightens scrutiny of cryptocurrencies, stablecoins and real-world…

Chinaoffshore truststax enforcementdigital dollar

SSouth China Morning Post★★★☆☆2026-10-21 12:30Original