Why are Investors in China so Eager to Buy US Homes?
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter A whole industry has sprung up on both sides of the Pacific to dodge the rules on both sides of the Pacific. Today, the Federal Reserve, in its function as banking regulator, wagged its finger at Industrial and Commercial Bank of China (ICBC) for insufficient procedures to detect illicit money transfers and other … Read more