Monthly Archives: April 2022
41654156156Singapore Increasingly Seen as Safe Haven For Chinese Wealth
Written on April 4, 2022 at 6:37 am, by jonywang
As Beijing’s crackdown on the country’s wealthy continues under president Xi Jinping’s “common prosperity” policy, an increasing number of China’s affluent are moving their money to Singapore and setting up family offices. Singapore’s attractiveness stems from its large Chinese-speaking population, lack of wealth tax, and relative proximity. The trend started in 2019 following the economicContinue Reading