China Capital Flight Fuels Global AI Amid 20% Tax Rules - whalesbook.com
China Capital Flight Fuels Global AI Amid 20% Tax Rules - whalesbook.com
Source: whalesbook.com
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DW NOTE
China's new 20% exit tax on capital gains is a confiscation dressed as policy. The only surprise is that anyone with exposure to yuan-denominated assets is surprised. When a regime treats your savings as state property that requires permission to leave, the market finds a route out anyway — this time into offshore AI equities, which can be liquidated in Hong Kong or Singapore without Beijing's consent.