Prime Minister Visits Shanghai, Highlights Deepening Lao-Chinese Ties
On November 10, Lao Prime Minister Sonexay Siphandone and his delegation arrived in Shanghai for an official visit, where they were warmly received by Shanghai Party Secretary and Mayor Gong Zheng. The visit underscored the growing partnership between Laos and China, marked by mutual commitments to trade, infrastructure, and economic development. The Prime Minister expressed […]
Wealthy Chinese Are Hiding Trillions abroad
In 2022, China topped the global charts for offshore wealth, with over $2.1 trillion held abroad—almost as much as Mexico’s entire economy! Many Chinese businesses and individuals move their money to places like Hong Kong, where taxes are lower and regulations are more favorable. The U.S. and the UK also hold wealth abroad, $1.6 trillion […]