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
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]
full article...