Divorce Chinese Style

When we think of divorce we almost always assume that both husband and wife don’t get along and therefore decide to call it quits. But that assumption may sometimes be wrong in China. Many couples, who are still very much in love with each other decide to call it quits for a totally different reason that has nothing to do with love or compatibility. Instead, it has to do with a new capital gains tax that was announced at the beginning of March. Sound confusing? Let’s explain. On March 1, 2013 the central government, without notice, announced measures designed to … Continue reading Divorce Chinese Style