Job Recruitment Website - Immigration policy - Why do China people like to keep their money in foreign banks?

Why do China people like to keep their money in foreign banks?

Because some people in China have problems with the source of money, they are afraid that the money will be confiscated by the state after the accident.

In addition, it is preparing to emigrate overseas.

Furthermore, I feel that domestic banks are not as safe as foreign banks. There are not many people out of this consideration.

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In addition, Switzerland is a neutral country, war politics will not affect the funds in its banks, and the secrecy system is perfect, so even the most ruthless people can't get any funds and personal information of their customers from Swiss banks. For example, in China, the police have the right to know personal information from the bank when handling a case, while Swiss banks get nothing even if you are Interpol.

So it is reliable and safe to deposit money in Swiss banks.