Wealthy Chinese move offshore money to U.S. banks as Beijing’s tax net widens

CNBC•Fri, Oct 23, 2026, 01:23 AM•2 min read

Bankers and lawyers say Chinese clients' demand for U. S. bank accounts has gathered pace as Beijing tightens the screws on Chinese offshore wealth.

Source: [CNBC](https://www.cnbc.com/2026/10/23/wealthy-chinese-tax-offshore-trusts-capital-control-.html)

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#finance #chinese #offshore #beijing #wealthy #move #money #banks #tax

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