In the news: Apple pays back taxes in China, Dongfeng Nissan gets fined US$19.2 million for price fixing and China clarifies SOE reform

This week Apple's China unit was reported to have underpaid its 2013 taxes, Nissan's China JV was fined for AML violations in Guangdong and President Xi confirmed SOEs will continue to play a key role in the economy

4 minute readSeptember 15, 2015 at 09:39 AM

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Apple unit underpaid 2013 China taxes

Apple's China unit underpaid its 2013 taxes by Rmb452 million (US$71 million), according to a Ministry of Finance report dated September 9. It said Apple Computer Trading (Shanghai) understated its

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