Communist China is threatened by capital flight

The 10,000 wealthy mainlanders that want to leave the Communist China will carry out about 48 billion euros of assets from the country. However, the Chinese Communist Party (CCP) will certainly not allow them to leave.

According to Henley & Partners, an investment and immigration consulting firm, 10,000 Chinese tycoons want to leave Communist China while 3,000 Hong Kong tycoons want to leave the CCP-controlled city.

The number of immigrant inquiries has increased three to five times since the CCP’s “Zero covid policy” was implemented. Bankers who wished to remain anonymous reported an exponential increase in inquiries about moving assets abroad. Popular destinations for immigrants are the United States, Singapore, Australia, Canada and Europe.

Immigration attorneys say many things have become more difficult: passport processing times have increased, and requirements for documentation have become more stringent. It has also become more difficult to transfer large sums of money out of the Communist country. The Chinese Communist Party’s Immigration Bureau has tightened the approval of entry and exit documents, and reports of denied requests are increasing.

Commentators stress that Miles Guo, the leader of the Chinese Whistleblower Movement and the founder of the New Federal State of China (NFSC), has been warning all Chinese compatriot about the evil deeds of the CCP since five years ago. He pointed out that people will need to bear consequence of not paying attention to and not believing in the Whistleblower Movement information and admonishment.

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Translator: MOS Writing Group team – Naughty(Wenxing)
Design&editor: HBamboo(昆仑竹)

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