Fri, Jul 3, 2026
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
Alternative Market Briefing

China’s lagging tax system poses risk to businesses

Monday, January 25, 2016

Komfie Manalo, Opalesque Asia:

China’s under-developed tax regime poses risk to businesses in the region, said Martin Ng of WTS during the latest Opalesque China Roundtable.

Ng said, "One observation worth noting is that China’s tax system is still lagging behind, it’s in a very infant stage. That means it poses a risk to business operators, because the China tax system is biased, and is meant to be biased to cope with its economic development stages. Some sectors are treated more equal than others. Some are water-tight regulated, and some are let loose."

He cited the country’s e-business sector, as an example of insufficient regulation. Ng said that individual e-shop operators and cross-border online games are often outside the tax net. Many China-made online games are played by overseas users and paid to overseas bank accounts, he added.

Ng continued, "How they are going to be brought back to the China tax net is not yet resolved. So these are examples of high-risk areas that should be tackled from a tax perspective. So far we haven’t yet seen a clear strategy from the regulators."

Internet to change China’s wealth management landscape

In the same Roundtable discussion, Kenny Li, CEO of Sino-Foreign joint venture firm Quattro Quant, ......................

To view our full article Click here

Previous Opalesque Exclusives                                  
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Other Voices: Nvidia extraordinary growth and the challenge of sustaining demanding valuations over time[more]

    Antonio Di Giacomo, Senior Market Analyst at XS.com, writes: Nvidia has established itself as one of the most extraordinary growth companies in the global technology sector. Over the past two fiscal years, its revenues have risen from levels close to $60 billion annually to well above $120 billi

  2. Secondaries take center stage: What the 2026 PE landscape means for GPs and investors[more]

    Matthias Knab, Opalesque for New Managers: The 2026 edition of Dechert's Global Private Equity Outlook - "Signs of a Gradual Thaw" - marks a notable shift in industry sentiment. After years of compr

  3. And, finally: Time to share it with the people[more]

    From Newsoftheweird: Leavenworth, Washington, has become a tourist destination because of the Bavarian theme businesses have adopted there, NPR reported. One shop, the Leavenworth Nutcracker Museum, houses the world's largest nutcracker collection, thanks to 101-year-old Arlene Wagner. Wagner sta

  4. Opalesque Exclusive: Private Markets Evergreen Funds - An Insider's View[more]

    Matthias Knab, Opalesque for New Managers: Private Markets Evergreen Funds: What Investors Need to Know Before They Dive In The democratization of private markets is well underway. Structural barriers t

  5. Opalesque Exclusive: Governance, Scale, and Boutique Resilience in a Consolidating Hedge Fund Industry[more]

    Matthias Knab, Opalesque for New Managers: The hedge fund industry has undergone significant consolidation in recent years, with capital increasingly concentrated among large multi-strategy platforms. Yet boutique m