Smurfing: How China's wealthy families are moving out money as its economy falters – Economic Times

Smurfing: How China’s wealthy families are moving out money as its economy falters – Economic Times
Daily TimesSmurfing: How China’s wealthy families are moving out money as its economy faltersEconomic TimesThe practice is called Smurfing, named after the blue, mushroom-dwelling cartoon characters, and it is part of an exodus of capital that is casting doubt on China’s economic prospects and shaking global markets. Over the last year, companies and …Chinese Start to Lose Confidence in Their CurrencyNew York Timesall 445 news articles »
Smurfing: How China’s wealthy families are moving out money as its economy falters – Economic Times