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Amid Graft Crackdown, Wealthy Chinese Invest in Australian Property

More wealthy Chinese are moving their money out of China to invest in Australia's property market as a corruption crackdown in the world's second biggest economy gathers momentum, property consultants and lawyers said. They said their clients had told them they had legitimate funds to invest, but were concerned about being caught up in an investigation, which in China often delves into the affairs of dozens of associates of the main target, and losing that wealth. “What we see...

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