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Translated by: MOS Translation Team – Beyond X

On May 19th, Miles Guo revealed in a Gettr broadcast that the Chinese Communist Party (CCP) authorities had learned that the United States was about to impose extreme sanctions and seize all CCP-related overseas assets, which has led to a large number of mysterious Chinese billionaires to selling their overseas holdings at low prices over the past 24 hours.  But these sellers did not accept US dollars payment.

CCP got the lessons from the U.S. and Western’s comprehensive sanctions against Russian oligarchs, their actions were in concert and quick this time.  In just 24 hours, most foreign financial institutions suddenly began to sell their company shares in the United States, Europe, Japan, Singapore and other countries at low prices at the behest of Communist China’s tycoons.  Several commercial buildings in the UK (each worth hundreds of millions of pounds), and even shopping malls and office property assets in India and Pakistan are being sold urgently at 40% – 50% below the market price.  On top of that, some people sold 30,000 bitcoins in one transaction at 20% off the market price.

Image Source: cna

Ping An Group and Lufax, which hold a large amount of assets in New Zealand, are doing deals with multiple departments in New Zealand to sell their assets at a discount.  A large number of mysterious Chinese billionaires suddenly returned to Communist China recently, followed by a wave of concentrated selling of high-end real estate in many countries.  Among the high-end house properties listed for sale in recent weeks, there are dozens of real estates with the market value of $10-100 million in Los Angeles alone, as well as in New York, London, and the south of France, and the vast majority of sellers are Chinese.

It is shocking the West that a large number of mysterious Chinese shareholders and actual property controllers emerged overnight.  However, all these sellers have only one requirement that they do not accept payments in US dollars (to avoid the long-arm jurisdiction of US dollars), but only in Swiss francs, Japanese yen or Hong Kong dollars, etc.

Image Source: nikkei

The reason for requesting Swiss franc payment is that the Swiss franc is freely convertible to gold and can be exchanged for designated negotiable fiat currency or marketable securities after they are in collusion with CCP.  They accept Japanese yen because Japan is one of the three currency swap countries with Communist China and the money can be hedged in Japan.  Other mystery sellers only accept fiat currencies from Middle Eastern countries, such as Dirham.


Edited and Proofread by: Linda Progress
Posted by: Peter Chen

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