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 11 months 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]
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