Time to take a hard look at forex regulations
By Chen Jia | China Daily | Updated: 2015-05-26 07:03
My cousin returned last month from a holiday in Canada carrying a new suitcase full of gifts for everyone in the family.
Luxury purses, cosmetics, electric toothbrushes, baby's toys, even milk powder, costing him nearly $10,000.
"I would have bought a house there, but for the foreign exchange controls," he laughed.
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