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Wahaha Case and tax crackdown shine spotlight on China’s family trusts

By Stanley Yupu Li , senior reporter | 15 August 2025 | 5 minutes read

The thorny issue of succession planning has been thrust into the spotlight for wealthy Chinese families as China expands its enforcement of global income tax and a family dispute much-discussed on the Chinese internet raises important questions for dual-jurisdiction trust structures. China’s crackdown and enforcement of global income tax began last year by targeting the ultra rich and has, in…

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