Since the maximum amount of foreign currency that can be exchanged is still set at $50,000 per person, people often ask how huge sums of money are transferred. The notion of suitcases being stuffed with cash is a little dated, although I’m sure that on some level it’s still being used, but why would anybody with no reason to have that much cash, run the risk of being caught red handed?
The digital currency provides a secret way for ordinary Chinese to get money out of the country. The article on Epoch Times shows how technology is paving the way…
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