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📦 PCS MovesCNBCFriday, October 23, 2026 at 1:23 AM UTC1h ago

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

Bankers and lawyers say Chinese clients' demand for U.S. bank accounts has gathered pace as Beijing tightens the screws on Chinese offshore wealth

Read full article at CNBC →

Originally published by CNBC. Summary and curation by DutyStation News.

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