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Move Capital Out of China: Gems Used to Evade Capital Controls

by Ian Karamanov | Jan 28, 2019 | International News | 0 comments | 6468 Views

There are rumors about China’s elite circumventing capital controls. This is all thanks to Hong Kong’s precious jewelry market. A very interesting anomaly was recently detected with China’s trade data. Chinese wealthy clients seem to be overpaying for precious gems...