# Wealthy Chinese move offshore money to U.S. banks as Beijing’s tax net widens

- Source: CNBC
- Published: 2026-10-23T04:55:59+00:00
- Category: Markets
- Original: https://www.cnbc.com/2026/10/23/wealthy-chinese-tax-offshore-trusts-capital-control-.html
- Canonical: https://groundlevelnews.com/story/wealthy-chinese-move-offshore-money-to-u-s-banks-as-beijing-s-tax-net--bc21b3/

Bankers and lawyers say Chinese clients' demand for U.S. bank accounts has gathered pace as Beijing tightens the screws on Chinese offshore wealth.

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