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

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

# Wealthy Chinese move offshore money to U.S. banks as Beijing’s tax net widens Bankers and lawyers say Chinese clients' demand for U.S. bank accounts has gathered pace as Beijing tightens the screws on Chinese offshore wealth. **Read the full article:** [CNBC](https://www.cnbc.com/2026/10/23/wealthy-chinese-tax-offshore-trusts-capital-control-.html) *This article was originally published by CNBC. MoneyWiseInc provides expert curation of the best financial content from trusted sources.*