China is set join the world’s 20 leading economies (G20) in a front to battle global tax evasion, Reuters reported, citing global economic policy forum Organisation for Economic Cooperation and Development (OECD). The country’s tax commissioner Wang Jun will sign the convention on Mutual Administrative Assistance in Tax Matters next week, the OECD said Wednesday. China’s decision to sign means that all G20 countries have now agreed to cooperate on tax avoidance. This comes amid Beijing’s increasingly hard line campaign against corruption, which has seen the arrest of a number of public officials on bribery charges, the ban of elaborate dinners and investigations into corporate activities.
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