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China’s Wealthy Frantically Move Money to US Banks

BEIJING – The wealthiest citizens in China are quietly moving their fortunes into United States banks at an unprecedented rate. This massive shift of capital comes as Beijing intensifies a severe tax crackdown on offshore investments. Chinese authorities are aggressively hunting for hidden wealth as the domestic economy continues to falter. Tax officials are now […] The post China’s Wealthy…

China’s Wealthy Frantically Move Money to US Banks

We haven't written up this one. Chiang Rai Times has the full story — the link below goes straight to it.

Read the original at chiangraitimes.com →

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