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Home›Global Markets›China›China seeks to collect unpaid taxes while missing a ma…

China seeks to collect unpaid taxes while missing a major obligation

Reported · Written up by our desk · China

MarketWatch reports that China is working to recoup hundreds of billions of dollars in unpaid taxes.

The outlet also says China is defaulting on a significant obligation at the same time.

The article frames the effort as a push to collect old debts while the government does not meet a separate large payment obligation.

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Sources

MarketWatchChina is collecting on old debts but won’t pay its own
MarketWatchChina is collecting on old debts but won’t pay its own

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