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Politics : View from the Center and Left

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To: neolib who wrote (480039)	9/24/2021 4:00:11 PM
From: cosmicforce	Read Replies (2) of 541182

What if I sell 100,000 baby diapers on Baidu to someone in Canada?- I get them to pay 10x what it costs me (this is the China model). 20% of that is redirected to a crypto account through the obviously named Crypto Bitcoin Transfer Authority. CBTA is a shell company that has a legitimate side warehousing products being sent from China and resold elsewhere in North America. What would China audit? That you made baby diapers (you did) or that you shipped them to Canada (you did) or that you got a crypo-kickback? That last part they can't check. You got an invoice to show the government as a PDF and a bank transfer. What they can't assess is your agreement with CBTA. Not a fully fleshed out scenario but it makes my point. China can only check that which comes in and out of China. If one is careful - that all looks a-okay.

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