Behind the gates of an opulent mansion in Vancouver, San Francisco, or Sydney, a wealthy Chinese individual lives a life of quiet opulence, his wealth secured in offshore accounts and real estate. Meanwhile, back in China, his business empire has collapsed and has defaulted on its debts, leaving creditors nursing heavy losses as they try to recover their capital.
In Depth: Why China’s Banks Are Hunting for Fortunes Stashed Abroad
2025年08月06日 11:36
Faced with a growing mountain of bad loans, some Chinese lenders are turning to international litigation funders to claw back billions of yuan hidden in overseas mansions, yachts and bank accounts
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- Faced with a growing mountain of bad loans, some Chinese lenders are turning to international litigation funders to claw back billions of yuan hidden in overseas mansions, yachts and bank accounts. Photo: AI generated
[财新双语通产品，是为有双语需求读者专门订制的优惠产品， 按此可享超值优惠订阅。]
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