Bermuda has signed a Tax Information Exchange Agreement with economic powerhouse China.
Premier Paula Cox and Wang Li, deputy commissioner of the State Administration of Taxation of China, finalised the agreement at Camden.
A delegation from the People’s Republic of China joined Government Senators, Ministers and Opposition leaders at the ceremony.
The document is Bermuda’s 24th TIEA and China’s sixth.
The Asian nation is the second largest trading country in the world, with the biggest population.