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Chinese illegally smuggled money out through fake purchase of goods , services [Copy link] 中文

Rank: 4

Post time 2018-10-1 05:26:16 |Display all floors
Rich Chinese setup companies to do business with oversea companies.

Their company purchased $10 millions worth of oversea goods or services on record when in fact only ,$5 million is real and the other $5 million is struggling money out to be deposited in their banks.

China should ban anf heavy fine oversea companies forever if audited they collaborated with smuggling money out.

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Rank: 4

Post time 2018-10-1 09:58:18 |Display all floors
Its Not through Banks but through front companies.

It's through this way, rich chinese funneled out money and caused China lost almost $1Trillion dollar in Forex. In 2014, China forex is almost $4 Trillion. Now, it's only $3Trillion.

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Rank: 6Rank: 6

Post time 2018-10-7 02:09:07 |Display all floors
ummm ... China's Forex is from money coming into the country, not from money going out. There are currently sanctions in place against China which prevent as many goods being sold, therefore money coming in to China is reduced in amount. There has also been a global recession which also affects the influx of currencies in to China.

I think you need to research foreign exchange, and the in/out flow of currencies before making baseless accusations.
Stupid people are like Glowsticks. You want to snap them in half and shake the crap out of them until they see the light.
I love sarcasm. It's like punching someone in the head ... only with words

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Rank: 4

Post time 2018-10-8 10:26:02 |Display all floors
cmknight Post time: 2018-10-7 02:09
ummm ... China's Forex is from money coming into the country, not from money going out. There are cu ...

you don;t know what's happening in CHina

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