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China’s super-rich flock to tax-friendly Singapore amid Xi Jinping’s crackdown

Feb. 11, 2023
China’s super-rich flock to tax-friendly Singapore amid Xi Jinping’s crackdown

Singapore is emerging as a playground for Chinese millionaires who are snapping up high-end properties, luxury cars and private club memberships as they dodge Xi Jinping’s clampdown on the elite.

Investment experts have reported a flood of Chinese clients to the Asian city-state over the past year, since China’s borders reopened in December.

Telegraph Media Group Limited [2023]


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