Quote:
Originally Posted by LouisVanDerWright
In other words the Chinese are getting scarred by capital flight to the tune of over a trillion dollars a year...
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Nothing new - they have been limiting the amount of money regular people can convert for USD. Had a small fight about this with my girlfriend actually haha - Her parents wanted to convert a bunch of money to USD but the Chinese government capped it at some thousands of dollars per year per account. They are afraid of the capital flight.