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Investors

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

World

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

March 30, 2022

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. Wei Leng Tay | Bloomberg | Getty Images More and more wealthy Chinese are worried about keeping their money on the mainland and some see Singapore as […]

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