Home Blockchain News Did China’s Wealthy Elite Secretly Move Capital Offshore via Hong Kong’s Gemstones?

Did China’s Wealthy Elite Secretly Move Capital Offshore via Hong Kong’s Gemstones?

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There’s attention being drawn to an anomaly in China’s trade data. Compared to imports of precious gemstones from Hong Kong, it could point to China’s wealthy overpaying for said imports. A method of moving capital out of the country that bypasses China’s capital controls. An Outflow of Capital? The first trigger is an increase in

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