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I think the fact they're not allowed to take money out of China makes it laundering by definition. They're hiding illegal money from the Chinese government (onc
by hnick 6y ago
I think the fact they're not allowed to take money out of China makes it laundering by definition. They're hiding illegal money from the Chinese government (once it leaves China it's illegal to hold as I understand it) and legitimising it in Canada. From Canada's perspective, it's probably not laundering depending on how it was originally earned.
> next to the sea and the mountains
Next to the US is probably another big reason but I'm not sure how much that matters with planes.
- eisbaar 6y agoOK if they consider all Chinese investments "money laundering", their theory seems more plausible. Still needs verification, though.