The Rise of China and Contestation in Global Tax Governance

Rasmus Corlin Christensen, Martin Hearson*

*Corresponding author for this work

Research output: Contribution to journalJournal articleResearchpeer-review

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Abstract

This paper examines the relationship between China’s changing economy and its global business tax diplomacy. Three trends dominate: China is becoming a net capital exporter, emerging as a major consumer market, and is home to digital giant firms including Baidu, Tencent and Alibaba. The resulting drive to promote both ‘going out’ and ‘bringing in’ foreign direct investment has led China to engage selectively and strategically with Western-led institutions. We show how China variously challenges, defends, and develops alternatives to global tax standards in three cases: global efforts to tackle corporate tax avoidance, bilateral tax treaty negotiations, and administrative tax cooperation.
Original languageEnglish
JournalAsia Pacific Business Review
Volume28
Issue number2
Pages (from-to)165-186
Number of pages22
ISSN1360-2381
DOIs
Publication statusPublished - Apr 2022

Bibliographical note

Published online: 14 Jan 2022.

Keywords

  • Belt and road initiative
  • China
  • Diplomacy
  • Digital economy
  • Economic development
  • Taxation

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