State media is accusing Bank of China of helping emigrants move unlimited funds overseas. No direct connection to corruption yet........
Bank of China accused of money laundering for would-be Chinese emigrants: CCTV
How Many Interest Rate Cuts Will the Fed Do Before the Election?
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A friend of mine asked that question a few days ago. Let's go over the
possibilities and the market expectations.
this could be the warning shot as the central government prepares to do a real crackdown on corrupt chinese moving money out of china.
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