Found it.
You are looking at the bottom of page 6 matchbox20 and in my view you are interpreting it very incorrectly.
The item refers to INCOME. Does not at all refer to where the company's cash is. You are inferring that the company's cash is in China. It isn't imo. It is inside the company - which is incorporated outside of China.
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- Ann: Appendix 4C - quarterly
Ann: Appendix 4C - quarterly, page-10
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