Comments on: China’s PBoC Announces An Army of Over 400,000 To Prevent Money Laundering

By: Former JPMorgan Quant On Evading Chinese Capital Controls Via Bitcoin | Black Swan Alert

Thu, 14 Sep 2017 17:29:43 +0000

[…] aren’t impacted, or their reputation isn’t damaged, they allow them to continue. The PBoC announced they were going to deploy a massive anti-money laundering framework, designed to further halt capital outflows. We’ll have to see if they were serious, or if […]

By: Former JPMorgan Quant On Evading Chinese Capital Controls Via Bitcoin | ProTradingResearch

Thu, 14 Sep 2017 17:03:35 +0000

By: China’s FX Reserves See Largest Rise In Over 3 Years, Global Real Estate Spending Cools | Better Dwelling

Tue, 08 Aug 2017 13:05:52 +0000

[…] was going to be huge, since it followed The People’s Bank of China (PBoC) announcement that over 400,000 people have been trained to help stem the capital outflow. Although, no one expected it to be the largest increase in over 3 years. As we explained in […]

By: Foreign buyers are snapping up more American real estate than ever | MEDIAVOR

Thu, 20 Jul 2017 01:13:56 +0000

[…] second point is China’s new capital controls were rolled out in January , along with a new anti-money laundering framework . This expected to drastically reduce the amount of capital that can exit the country. Even […]

By: Foreign Buying of US Real Estate Surges Over 32% | Better Dwelling

Foreign Buying of US Real Estate Surges Over 32% | Better Dwelling — Tue, 18 Jul 2017 23:37:08 +0000

[…] second point is China’s new capital controls were rolled out in January, along with a new anti-money laundering framework. This expected to drastically reduce the amount of capital that can exit the country. Even […]

By: Evading Chinese Capital Controls 101, With Bitcoin Expert Dr. Joseph Wang – the internet's best kept secret

Sat, 15 Jul 2017 14:58:23 +0000

[…] reserves aren’t impacted, or their reputation isn’t damaged, they allow them to continue. The PBoC announced they were going to deploy a massive anti-money laundering framework, designed to further halt capital outflows. We’ll have to see if they were serious, or if this […]

By: Evading Chinese Capital Controls 101, With Bitcoin Expert Dr. Joseph Wang – the internet's best kept secret

Sat, 15 Jul 2017 14:58:23 +0000

By: Evading Chinese Capital Controls 101, With Bitcoin Expert Dr. Joseph Wang | Better Dwelling

Sat, 15 Jul 2017 14:32:06 +0000

By: Justin Thyme

Justin Thyme — Sat, 08 Jul 2017 20:45:49 +0000

In reply to Jim.

In your dreams. Or nightmares.

China is now a technocracy, with very brilliant minds calling the predictions. Their government is evidence-based, pragmatic, and well-planned-out.

Decisions are not made for political reasons or political gain, they are made on best-evidence to achieve well-thought-out goals and targets.

By: Jim

Jim — Sat, 08 Jul 2017 15:15:40 +0000

“China tends to move with speed and precision most other countries won’t even understand.”
You are straining the boundaries of hyperbole. For a self-avowed “stats guy” who just argued what a money laundering, capital flight, mess China is, your conclusion of their “precision” runs counter to all the evidence, conjecture, and over arching interpolation of your post.
China is an environmental, human rights, and social economic nightmare. They will screw up this “capital flight” crackdown so badly it will accelerate.
A corrupt Chinese billionaire has means and influence to get things done that us mere mortals can’t contemplate. Canadian authorities have to step up the plate to protect our sovereignty- so far they’ve turned a blind eye.