China Tightens Its Grip on Billions in Offshore Wealth

About this episode

The episode discusses China's recent crackdown on offshore wealth and the implications for investors.

Offshore trading has long given Chinese investors access to global markets — often through legal gray areas. Now, Beijing is stepping in with its biggest crackdown in decades. On today’s Big Take Asia Podcast, host K. Oanh Ha speaks with Bloomberg’s Lulu Chen about the sweeping restrictions and why Beijing is tightening controls over money leaving the country. We have a special Bloomberg subscription offer for podcast listeners at Bloomberg.com/podcastoffer. Read more:  China Targets Offshore Billions in Biggest Crackdown in Decades Hosted by K. Oanh Ha; Produced by Naomi Ng, Yang Yang; Reported by Lulu Chen; Edited by Paddy Hirsch. Fact-checking by Rachael Lewis-Krisky, Laura Newcombe; Engineering by Taka Yasuzawa. Senior Producer: Naomi Shavin; Deputy Executive Producer: Julia Weaver. Executive Producer: Nicole Beemsterboer. See omnystudio.com/listener for privacy information.

People in this episode

Host: K. Oanh Ha

Guest: Lulu Chen

Topics covered

• offshore trading
• Chinese investors
• Beijing crackdown
• global markets
• money controls

Keywords

• offshore trading
• China
• Beijing
• wealth
• investors
• global markets
• restrictions

Sponsors

Bloomberg

Mentioned in this episode

Organizations: Bloomberg, iHeartPodcasts

Places: China

More episodes of Big Take

• SpaceX’s Record-Breaking Wall Street Debut · June 12, 2026 · 16 min
• Who’s Really Paying for This Year’s World Cup? · June 11, 2026 · 16 min
• In the $100 Billion Wedding Economy, Hiring a Witch Is More Than Hocus Pocus · June 10, 2026 · 15 min
• The Races That Will Shape the Midterms · June 8, 2026 · 19 min
• Weekend Listen: FIFA’s Jill Ellis on the the World Cup · June 7, 2026 · 23 min
• Can AI Save This Failing Rural Economy? · June 5, 2026 · 29 min