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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 366.07-0.1%Nov 6 4:00 PM EST

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Elroy Jetson
To: Elroy Jetson who wrote (137731)1/1/2018 8:27:46 AM
From: elmatador1 Recommendation   of 217561
 
Chinese friend: i didnt hear that, (limit card withdraws overseas) but every chinese can receive 50,000usd from overseas and send 50,000usd to overseas annually. this policy forces rich chinese to go hongkong to buy expensive health insurance policy, then use it as collaterals to get hongkong bank loan.then they send loan money to US or Europe to buy properties etc.very smart move


Chinese friend continues his Whatspp: but in November 2017 central government stopped this health insurance sales to mainland chinese.mainland chinese now can only buy 5000 usd health insurance annually.and this affects a lot of hongkong insurance business. government wants to keep money in mainland. i guess financial security issue
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