Trillion dollars flee: Chinese people try to move their money abroad (China Insights)
Published on Nov 6, 2021
Chinese people and the government have been battling it out over foreign currencies for years. The Chinese are trying every means possible to convert the Renminbi they have into foreign currencies to preserve the value of their wealth.
China's national TV reported on October 29th that the Shanghai Public Security Bureau uncovered the first case of illegal exchange of foreign currency using game point cards.
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