China’s massive level of accumulated wealth is a primary reason why the lack of an inheritance tax in China is back in the news. The Economist recently investigated this prominent flaw in China’s tax regime in an article entitled: China is wrestling with a novel phenomenon: inherited wealth. Draft regimes were proposed several times in the past but never applied.

https://pearlsandirritations.com/post/2026/07/chinas-inheritance-tax-problem-has-a-property-solution/?utm_source=pi_news&utm_medium=email&utm_campaign=daily-2026-07-07