The case brought the total for underground banking and money-laundering activities to 800 billion yuan since April, the newspaper said.One thing to keep in mind: the outflows represent real demand for foreign currency, assets and/or investments. Closing underground banks does nothing to deal with this demand.
Out Like a Lamb
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FEEDThe week ahead will wrap up the meat of the earnings season, with
Amazon (Tuesday) and Apple (Thursday) being the highlights.
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