$50 Billion: Wealthy Chinese Want to Leave China; More Banks Freeze Withdrawals in China
Wealthy Chinese are leaving China—or at least planning on leaving—as they cannot stand the draconian COVID measures. But will Chinese leader Xi Jinping allow it to happen if that means billions of dollars in cash go out of China amid the contractions and poor economy? Meanwhile, more banks in China suspend bank withdrawals using various excuses.
I speak with Justin Butterfield from First Liberty on a case docked in the Supreme Court. Falun Gong practitioners are asking to overturn the decision of the 2nd circuit court in New York after a pro-CCP organization harassed, assaulted, and intimidated members of the Falun Gong practice in New York at their Flushing booths.
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