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China’s Rich Invest in Gemstone to Move Capital

China’s Rich Invest in Gemstone to Move Capital
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There has been an increase in China’s capital outflow in the last few months of 2018, which can be correlated to the devaluation of Yuan, the increase in total imports of precious stones and jewelleries from Hong Kong. Reports by ZeroHedge claim the imports of precious stones from Hong Kong to China accounted for more than half of the total imports in the month of November. China imposed..
Date Published: Feb 11, 2019
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