Trillions of dollars are leaving China for overseas

Over the past decade, China has lost more than three trillion dollars, which in various ways have been withdrawn abroad. And the main stream falls on the last years, in particular, for the last year outflows exceeded $ 600 billion. This information was published by the American organization Global Financial Integrity. However in China publicly on this issue no one speaks. While analysts have warned that the increasing capital outflows could soon serious blow to the national economy, which is already going through hard times.

Perhaps this is due to the fact that, according to experts from the U.S., the main reason for the Chinese businessmen are trying to withdraw their assets, is the uncertainty of any political or economic stability of the country. Especially now, when the country is preparing to change leadership of the country, which will begin in November and will continue until March next year. A flight of capital, of course, is a serious blow to the image of the ruling party.

According to researchers, many in China are unhappy low interest rates on deposits. Therefore, the money goes to other countries or regions - Cayman Islands, Luxembourg, Hong Kong. And then we come back to China already in the form of foreign investment, while receiving tax credits and other preferences. The most illustrative example of the British Virgin Islands, home to only 28,000 people, but the investment in the Chinese economy in 2010 amounted to 213 billion dollars, more than the investment the U.S., UK, France and Canada.

Such practices can have a positive impact on the economic situation. While the authorities have repeatedly stated intention to distinguish "real" foreign capital from the "Chinese", however, much success in this field have not achieved.

American Organization in its report does not note what proportion of vehicles taken abroad is well-earned capital, and how the money received in the form of bribes, fraud and other crimes. A special place is occupied by the so-called "naked officials". This term has been widely used in recent years, applies to civil servants, whose family moved to live permanently in other countries. Not only did they get there a second passport, for example, in Australia, Canada or New Zealand, there also translated most of the illegally earned capital. About this issue do not hesitate to say, in some places even take drastic measures. Thus, in the province of Guangdong officials whose families live abroad, should ever sit in management positions. And while there are calls completely deny access to public office those whose families are abroad. Implement it, however, is unlikely to be possible, since, according to unconfirmed reports, even in the central leadership, there are those whose relatives live permanently in other countries.