China's rich are moving their money to Singapore. Beijing's crackdown is one of the reasons. - CNBC


3/29/2022 12:00:00 AM3 years 1 month ago
by Wendy Ye, Evelyn Cheng

More and more wealthy Chinese are worried about keeping their money on the mainland and see Singapore as a safe haven.

As Beijing pushes for "common prosperity" and political turmoil threatens Hong Kong, Singapore has become a safe harbor for some of the region's wealthiest tycoons and their families. More and more … [+5485 chars]

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