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Community Corner

Chinese banks no longer letting Chinese take more than $50k per your out of country

The PROC has been letting the Chinese move money out of China into US Real Estate.   The hope was to reduce inflation in China and increase inflation in the US.   However, the cat was let out of the bag and China has put the Kibosh n moving money out of the country.   Wonder if this will be felt with Walnut RE.   It should.

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