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by olalonde 2066 days ago
> Everything is expensive and you see ultra rich people everywhere, but there is little in the way of local industry to explain all this wealth.

Maybe the money comes from abroad, has this occurred to you?

> This article may offer little evidence, but it rings very true for people who live there.

It's a boogeyman used by politicians to have a set of "bad guys" to point to. The truth is most of those wealthy foreigners buying up Vancouver real estate are not money launderers, they're just wealthy foreigners.

1 comments

It would be almost impossible to tell in any case, and even what is money laundering in the west might not be considered as such in China.