This matches what I see on the ground in Shenzhen and in HK banks. Even the latter are getting squeezed about mainland capital inflow now. There are still mecha

This matches what I see on the ground in Shenzhen and in HK banks. Even the latter are getting squeezed about mainland capital inflow now. There are still mechanisms through international corporate relationships and licensed investment channels to exfiltrate large sums. The regulator in question is the 外汇管理局 or "foreign exchange management bureau". Smiles from Zurich.