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Like Jews Fleeing Nazi Germany, Wealthy Chinese Run from Communist China: How They Move Their Money
According to Bloomberg and the Institute of International Finance, over $150 billion in capital quietly exited China in 2024 alone. Despite tight rules from the State Administration of Foreign Exchange (SAFE), wealthy individuals, private companies, and underground banks continue to exploit regulatory … Continue reading
Posted in Brain Drain, China
Tagged China, economy, History, imperialism, Politics
Comments Off on Like Jews Fleeing Nazi Germany, Wealthy Chinese Run from Communist China: How They Move Their Money