This isn't money laundering at all. Just sound investment in foreign countries. There's nothing wrong, nor does it hides anything. Why? I see it as very normal that when you're successful in your home country, you try to widen your horizon, and look at other countries for growth.
Well you can believe what you want, I know you have some different views but if you lived in a area effected by them you would see it differently.
We have real estate agents on our door step once a week. Mail from 3-4 of them a day and all the mail is in English/Chinese.
We have blocks where 3 people live and the rest are empty falling apart neglected. Talking about million dollar houses. Apartments where there is less than 40% of people living. It has pushed the young and old a like out of the city because their is no where affordable to live.
Now they are buying up industrial and warehouses.
So companies will be run out next.
We are called Hongcover for a reason.
The money is brought in through lawyers and other funky ways...Just google Vancouver B.C (Canada) real estate bubble.
They say the next generations will have no chance of owning a home.
So back to the corrupt aspect.
Homes go online in our hot market 24 hours earlier in China. They sometimes out bid by half a million because they can flip it a couple months later.
We had a building bought by a fake company last week to be flipped for 18 more million in a week.
We are in the extreme here but they have done this all over.
Look at how pissed a lot of the coastal African Countries are with them stripping them of their resources.
Economic warfare.
