How Chinese Rich Get Their Money Out of China

choi

Henny Sender, Capital Flight of China's Wealthy Gets Ready for Take-Off. Financial Times, Feb 3, 2012.
www.ft.com/cms/s/0/7f9d917a-4d92 ... 4feabdc0.htmlCached
("Stephen Green, an economist at Standard Chartered Bank in Hong Kong, expects the current account surplus to shrink from a probably $250bn last year to only $140bn this year")

Excerpt in the window of print: Very few entrepreneurs will reveal where and how they got their seed money

My comment:
(a) The inflated price of a watch can not be much. I wonder how they manage to get millions of (American) dollars out.
(b) bolthole (n): "chiefly British : a place of escape or refuge"
www.m-w.com
(c) This article is recommended.