As investment capital flows into China from foreign sources, residents and domestic businesses are trying to get money out of the country. Chinese regulators are taking note and getting more focused on ways, beyond foreign direct investment, that Chinese companies are moving cash offshore. Some attempts are bolder, and more disruptive, than others.
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Chinese Billionaire Linked to Giant Aluminum Stockpile in Mexican DesertU.S. aluminum executives claim Liu Zhongtian, the billionaire founder of Chinese metals giant China Zhongwang, used a factory in Mexico to game the global trade system; Liu denies accusation.