The country’s wealthy have been bypassing the official capital controls and transfering money abroad in many inventive ways, in search of better-yield investments. Photo: AP.
How wealthy Chinese move hundreds of billions abroad to buy assets
Capital flight remains a concern for the authorities. But experts think the government has it under control, for now
Topic |
Yuan
The country’s wealthy have been bypassing the official capital controls and transfering money abroad in many inventive ways, in search of better-yield investments. Photo: AP.