Wealthy Chinese reportedly shifting offshore money to U.S. banks

According to CNBC, bankers and lawyers say demand from wealthy Chinese clients for U.S. bank accounts has grown as Beijing tightens its scrutiny of offshore wealth. Only one report is included so far.

Timeline

1. 23 Oct, 01:23 UTCCNBC reports rising demand for U.S. accounts

Top sources

• Wealthy Chinese move offshore money to U.S. banks as Beijing’s tax net widensCNBC