China's farm smuggling crackdown uncovers $1.16 billion in lost tax


  • World
  • Tuesday, 04 Nov 2014

BEIJING (Reuters) - China's crackdown on agricultural smuggling has uncovered 487 cases with a tax evasion value of 7.1 billion yuan ($1.16 billion), a rise of 71 percent in the past year, said the central government in a report on its website (www.gov.cn).

The crackdown on smuggling of cheaper farm produce started in March and comes after Beijing raised domestic agricultural prices to protect its rural population.

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