October 23, 2026

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

Business CNBC
Image: CNBC

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

CNBC reported this story. Read the full report on cnbc.com →

This is a short summary. CNBC wrote and published the full report.

Continue on cnbc.com →

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