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China’s rich flee crackdowns for ‘Asia’s Switzerland’ Singapore

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Before he vanished in mid-February, Bao Fan, one of China’s best-known investment bankers, had reportedly been looking for a safe place to park his wealth. Bao, the founder of China Renaissance, was in the process of establishing a private wealth management company in Singapore to transfer money out of China…

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Click here to read the full story: Aljazeera

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