Exposed: Billionaire‘s Money Seized by CCP, Wall Street Tycoons Flee from China

Foreigners can no longer withdraw their money in mainland China This is not a joke, folks. Even investment guru Mark Mobius is unable to withdraw his cash from HSBC in Shanghai. Mobius, who has been investing in China for 30 years and has a wide network of connections in China, personally told Fox host Maria Bartiromo that he's unable to get his mitts on his own money. The amount of money he cannot withdraw is only 3 million yuan, not billions of capital. If someone as well-connected in China as Mobius can't solve such a small problem, what hope is there for the rest of us? It is very clear the pace at which China is decoupling from the world market is accelerating rapidly.

What's the story behind the money? Does it need to be transferred overseas directly? Möbius later revealed to Hong Kong Economic Times that it was the money he earned from selling Shanghai real estate 20 years ago, about 3 million RMB in cash. However, Shanghai HSBC asked for all documents related to the source of the funds, tax documents, invoices, etc., but he no longer knows where these documents are. As a result, he can't withdraw his money.