Article 27T05 China's anti-money-laundering rules could burst Canada's real-estate bubble

China's anti-money-laundering rules could burst Canada's real-estate bubble

by
Cory Doctorow
from on (#27T05)

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China has adopted stringent new anti-money-laundering rules that will make it nearly impossible for small investors -- for example, middle-class families who pool their savings -- to get their money out of the country in order to buy condos in Canada's superheated property market (not just Canada, of course!). (more")

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