China's elites appear to be exfiltrating billions while on holidays
by Cory Doctorow from on (#1VMCD)
China has a massive "tourism deficit" -- the difference between the money that tourists spend in China and the money that Chinese people spend abroad: $206B from June 2015-June 2016, up from $77B in 2013. The missing money is hard to explain, since China doesn't export that many tourists. (more")