China imposes an annual limit on an individual’s cash exports of US$50,000 per year, equivalent to about RMB322,000. Photo: Bloomberg China imposes an annual limit on an individual’s cash exports of US$50,000 per year, equivalent to about RMB322,000. Photo: Bloomberg
China imposes an annual limit on an individual’s cash exports of US$50,000 per year, equivalent to about RMB322,000. Photo: Bloomberg

Vancouver businesswoman sues for US$200,000 she lost while trying to get money out of China

  • Defendants say she was aware of risks in ‘illegal currency smuggling operation’, and her funds may have been taken by ‘unknown third party or government actor’
  • The lawsuit and response, whose claims have not been proven, highlight the challenges that Chinese currency control laws pose to those trying to export funds

Topic |   Chinese overseas
China imposes an annual limit on an individual’s cash exports of US$50,000 per year, equivalent to about RMB322,000. Photo: Bloomberg China imposes an annual limit on an individual’s cash exports of US$50,000 per year, equivalent to about RMB322,000. Photo: Bloomberg
China imposes an annual limit on an individual’s cash exports of US$50,000 per year, equivalent to about RMB322,000. Photo: Bloomberg
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