China | Chinese foreign buying binge gives authorities a headache

Chinese foreign buying binge gives authorities a headache

Wealth managers help rich Chinese skirt the central government's measures to curb capital outflows. They move cash overseas, creating many problems

November 2, 2016 5:52 PM (UTC+8)
The logo of Louis Vuitton is seen on a handbag at a Louis Vuitton store in Bordeaux. Photo:  Reuters/Regis Duvignau
The logo of Louis Vuitton is seen on a handbag at a Louis Vuitton store in Bordeaux. Photo: Reuters/Regis Duvignau