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How China’s Wealthy Use Macau to Get Money Out | China Uncensored

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With big restrictions on offshoring money, China's financial elite find a creative way to get their wealth out of China. This video is the fourth and final segment from China Uncensored's new half-hour show format. For the full episode, visit http://www.chinauncensored.tv/august-25-2017-full-episode/ Contribute! Join the China Uncensored 50-Cent Army! https://www.patreon.com/ChinaUncensored Subscribe for more episodes! https://www.youtube.com/ChinaUncensored Make sure to share with your friends! ______________________________ Twitter: https://twitter.com/ChinaUncensored Facebook: http://www.facebook.com/ChinaUncensored Instagram: http://instagram.com/ChinaUncensored ______________________________ MORE EPISODES: Macau Vs. Hong Kong: Top 5 Differences https://www.youtube.com/watch?v=EQk-a5ogBSg The Fight for Democracy in the OTHER China: Macau https://www.youtube.com/watch?v=oJxQO207zw4
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Text Comments (578)
romeas100 (3 days ago)
https://youtu.be/Z93NuFF62dA
Patrick Keene (2 months ago)
Wwwkkk
Lar M (2 months ago)
This is called money laundering.Macau is well known for this over the past 60 years since the end of WW2.
Lar M (2 months ago)
Casino money laundering between Macau and Richmond River Rock Casino in British Columbia Canada.Over half the nations $20 bill can be found in that casino alone !
Alexander Wesner (2 months ago)
All planned by dirty communists pigs ...
WayneTheGamer69 (3 months ago)
You know what’s great about being in China I don’t know tell me
D Dr.Extra (3 months ago)
Funny how most of the gambling places in Macau are owned by AMERICAN companies based in Vegas: "There are currently 41 casinos in Macau. Companies with headquarters in the United States own 38 of the 41 casinos. " So basically Las Vegas is benefiting indirectly from Macau's success.
SteffieTee (3 months ago)
....hint hint...Vietnam/Cambodia/Laos
XSAVIER busy (5 months ago)
So ur basically teaching corruption... Wanna help? Go fk urself
Ch Pe (5 months ago)
There are soo many ways to smuggle money. They can buy Itunes cards and bitcoin.
Modern Modern (6 months ago)
I think China is doing that knowingly, which creates HuNan millionaires outside of China, which are HuNan, so these HuNan are buying real estates in wherever and investing Chinese power into those regions, therefore indirectly Chinese.HuNan power is taking over slowly but surely, if these goes on like this, we are or our children’s futures are screwed big time in the future! WOW, the Chinese Realy like to play GO in every aspect of .... And there is always away out, unless you are cornered darn well or you are insisting fucking yourselves really good!!!! So, get out of the dilemma as soon as you can!!! The sooner the better!
Adam Hartnell Holmes (6 months ago)
HSBC
J (6 months ago)
Lol this guy clearly hateeees china. I dont blame him
Jason Moy (6 months ago)
When does money laundering belong to Chinese millionaires only?
Terry Low (6 months ago)
this guy looks like agent smith from the matrix
Evan Erickson (6 months ago)
So lets say you do this and come away with $1,000,000 in USD. Would you open a Macau bank account and transfer it to a Canadian bank or whats the process? You can't exactly hop on a plane to Vancouver with $1,000,000 in cash.... can you?
Commando Master (6 months ago)
Ya that's right. Cash is not safe. Could get confiscated.
MikeM (6 months ago)
Are Chinese actually inflating prices? I mean white homeowners can sell it for prices that reflect the 1990's. Real estate market has been slipping, construction, manufacturing and jobs are now falling too. Also they sell them to homeowners who become millionaires so do you see them complain?
sentosaaa 17 (6 months ago)
Last year i went to venetian macau casino , played on a same table with chinese rich guy and he bet 10.000 usd like it was nothing .. damn
mike watters (6 months ago)
brings a whole new meaning to a chinese takeaway
freddy munchow (6 months ago)
great content, but i feel like your the guy who thinks his jokes are hilarious and no one else does
Solhick (6 months ago)
Half a mil on black half a mil on red. Immediate money back unless it strikes green.
Lawmakers (6 months ago)
Why this retarded channel prezenta only negative facts about China?! Theodor US destroyed by war at least 10 countryes..... Pure propaganda, Brainwash, speak about Your country firstly. Report this channel!
George Palaios (6 months ago)
Is it just me or is it Matrix Agent Smith the bollywood edition?
Albert Yeh (6 months ago)
Even if the game has a higher chance of winning, don't they lose a lot of money gambling anyways? How much to they actually get back? 70%?60?
Timi Potokar (6 months ago)
If you go by your example of 1million yuan for the VIP package and you lose ~3% by playing Baccarat the casino only makes 30,000yuan which isn't much considering you get VIP accommodation, free food and transportation
Richard Fellows (6 months ago)
Thank goodness Chinese gambling cash has stopped the London property market collapsing as fast as it might.
Stache Gaming (6 months ago)
Why is this a bad thing...?
dewert2 (6 months ago)
they are called whales
MonkeySpecs301 (6 months ago)
i use to watch this channel i thought it was fun, but now im just tired of seeing every episode china bashing. The rich of the western countries are mad criminals themselves, you don't become rich and powerful by being a nice guy, thats universal truth and a fact of money!
Torq Auto (6 months ago)
Makes sense why they started playing highest stakes of poker
Jeffrey Jewell (6 months ago)
You pronounced baccarat wrong. LOL
George B (6 months ago)
They did ban most junkets and now spy on their high level players.
Dan Tayler (7 months ago)
U r AWESOME 👏🏼!!!!!!!!!!
Vineet Bhagwat (7 months ago)
But the junket guy now has a 1million yuan, how does he get it out of China? And the casino has to give 1million in free chips. How do they get that money back?
Joe Blow (7 months ago)
The name is Chapel--Chris Chapel.
Kamar G (7 months ago)
Why does he look like Smith from the Matrix
Coach B (7 months ago)
3:33 video starts about how China's wealthy use Macau to get money out of China.
shizzler (7 months ago)
Your supposedly socialist government is so corrupt that in order to fight the corruption you limit freedom of movement of money. Because your country is so shitty, and liable to steal people's legitimate money at any time for no reason, people are desperate to get the money out. So they turn to a weird workaround, gambling, which everyone in your country would be doing on the mainland but is banned because...why I'm not sure.
sailingsolar (7 months ago)
Love the sarcasm with this channel.
Mr. Mediocre Gamer (7 months ago)
I need to get my money out of China but I don't know how to gamble...
Bruce Lee (7 months ago)
I love the West. They pretend they don't rob countries of oil and precious metals, divide countries and murder hundreds of thousand of innocent people. Whilst the BBC starts brainwashing their citizens by telling them they take in refugees because they are just so great and caring .....and they do it from the bottom of their hearts. Can everyone say AAAWWW how sweet.
mfarrukhiqbal1 (7 months ago)
He looks like that guy in matrix.
Selly Tan (7 months ago)
yu yang mau dapat uang praktis . main di VEGAS303 . cek langsung ke web kami agenvegas,org (koma nya di ganti titik ya)
G Dhammo (7 months ago)
Yeah, you know too much for hack jokes. If you've ever seen mideast and Asian TV, which you have, you know slap shtick isn't intelligent. So, drop the sound effects and the stick figures and find your hook because you're good at this.
Francisco Neto (8 months ago)
I love you 😘 Chris
Blue Jay (8 months ago)
Well no matter what even if the Chinese become a super power and overtakes the us. Our culture are to different for the people of the west to simply let them take over. In a way this made me more comfortable with Chinese exist because now with out I doubt I know we live a better way and anyone with any common sense would see it. Just like the cold war freedom at the cost of plutocracy and wars vs a dictatorship and plutocracy, freedom and plutocracy is gonna win everytime. IDK how to solve the plutocracy problem but I do know at least the powerful in the USA cannot just decide erase a culture at least not in modern times.
Brian (8 months ago)
Liked the Dr who bit.
imstupid4life (8 months ago)
Intro was epic Chris
Xu Chen (8 months ago)
The best one of all.
Ya-Li Hsiao (8 months ago)
this is great
chen dezhan (8 months ago)
How to spell the word when he say chinese rich favourite game In " 5.39"
EverDayBest (6 months ago)
chen dezhan Baccarat
kyle tang (8 months ago)
nonsense!!! where do you get this idea from ?? most wealthy people dont even need to bring money to macau to gamble . they have junket to give them money up front to gamble in macau. they take care the bill afterward if they lose
Jack Easterwood (8 months ago)
chris, in those casinos there are cameras to record every corrupted millionaires who can be feed to the jail and contribute their money to the "people".
T Johnson (8 months ago)
wait how do they even know if you don't use up all your non-negotiable chips? just lose abit and cash the rest?
Steve Zigg (8 months ago)
Considering your topic line, have you been in any way threatened by ccp connected agencies?
Elvis Sanchez (8 months ago)
Lol, China always have innovative ways to make money. Lolol "respect China" they said. "China good" They said. Lol
Tangke (9 months ago)
He looks like a weaker version of Agent Smith from Matrix
Nick Ames (9 months ago)
SOMETHING tells me that there are STILL Portugese, UK and other Europeans making Heaps Of Money in Macau. Let's hear about them, too !!! They All Know what the CCP does to PEOPLE!!!
Dsteier Steier (9 months ago)
I wonder if you aren't telling the communist party about the ways the wealthy are getting their money out of the country? Just curious.
Truckin'Gunner (10 months ago)
Do the junket packages come with hookers and blow?
sebastian (10 months ago)
So after you cash out your chips, how would you get the money to say the US? The airport not just gonna allow you to pass through with 1 million in casino cash.
David Dreyer (10 months ago)
Sounds a lot like tRump's Casinos use to be Atlantic City. Bring illicit money in buy chips, gamble a bit and cash them in.
quang-tran dao (10 months ago)
really appreciating the content. Keep up the good work Chris.
Siddharth R (10 months ago)
tibet is getting exploited by ccp
Ryan Watters (11 months ago)
I HOPE you are not giving the CCP intelligence.
BADGUY 1 (11 months ago)
I've been to Macao's Venetian Casino. THEIR gondola water way is on the 3rd floor unlike the Venetian in Las Vegas! Maybe to show they're "3 up" on Las Vegas? But those "Dan Tat" custards are even better than the ones in Hong Kong!
E Y (11 months ago)
The western media is wrong Macau is not the only place with casinos in China there Casino in Hong Kong Taiwan and many Cities in Mainland like Guangzhou. Most you stupid American like to criticize on things you know nothing about.
Liu Steven (11 months ago)
Isn't it illegal to advertise Casinos / gambling in mainland China representatives of Australian casinos were arrested. Does this apply to reps from Macau 'adcertising / promoting' in the mainland?
João Lusitanus (1 year ago)
Pasteis de Nata
Gold Dlog (1 year ago)
steve hahahahahah
SamsungLG (1 year ago)
Love how you slapped the bars on them with puns.
Hei..China Uncensored...,, ..., Wait if the Chinese Communist party become not Happy & Ban or limit MNC can only transfer asset/shift their Factory out at Max $50,000 yen/year for all U.S.A MNC multinational companies which is now in China....!! https://www.youtube.com/watch?v=XNfDd-UcAxA&t=263s By then...,Guess.. Most MNC multinational companies asset, $, Plant, Equipment will be Stuck in China Forever/ taken away.....by charging as Corruption by leaving China & shift to Malaysia, then How...!! Pls.. Advise.. Thks..!!
No way out to spend $$ for the Rich in China..., except Gamble in Macau. Win $ then can go oversea Malaysia & buy Homes... OMG ... : D "Rich Communism party Eatting Rich china civilian again....World....Communism party Plan..again...!!"
Jeremythevirus Huang (1 year ago)
Good info but try to learn how to pronounce YUAN & Baccarat. It’s not Bacar-rate.
I Love Your Video's Keep Going
Ann Onymous (1 year ago)
It's possible to win more than you lose at blackjack by counting cards -- but as soon as the house figures out you are doing that they kick you out and lifetime ban.
Ann Onymous (1 year ago)
The best bond theory is that 007 isn't a name or indicator of a person or particular agent. Rather, it is a rank. When an agent retires or dies in action his number is passed on. The 00 agents don't officially exist and apparently all are licensed to kill, unlike the other double agents.
Nina Liu (1 year ago)
What would be so bad though? Rich Chinese buying foreign property and foreign assets so there are China towns every where in the world. Sounds like win to me.
Player Juan (1 year ago)
they buy the real estate and inflate prices in Canada to the point of another bubble bursting nightmare, there gonna basically colonize the place with real estate wherever they go.
Math for Life (1 year ago)
There are legal ways.
Ivan Santana (1 year ago)
Chris, are you allowed to enter in China?
Baidu Mel (1 year ago)
This jews knows only China can stop the Jews from total world dominations.
Baidu Mel (1 year ago)
This white dude spends only one day in China and think he knows everything about China.
andersonnick038 (1 year ago)
"Half of the Chinese wealthy want out of china". I bet All of the Chinese wealthy want their money out 💰
Farmer John (1 year ago)
TAX the package more and make it legal! Problem solved
TProgressASAP (1 year ago)
if chinese people want to get their money out of china why dont they use bitcoin or monero like normal people? weirdos.........
such BS - like the Chinese are fools? They tax the blood out of free Western money that wasn't there. China prospers you fool.
Tsundere Tanker (1 year ago)
Still never get why Portugal gave Macau back.
ForexAce (1 year ago)
...blackjack...is mathematically a much better game than baccarat for players or has a lower house edge than that of baccarat...if you know the intricacies of playing it in a winning way...ask for answers from legends such as Ed. Thorp, Ken Uston, Standford Wong, Lawrence Revere, Bryce Carlson, etc...esp. the 3:2 single-deck game still available in Nevada...
John Koh (1 year ago)
Outdated fact as Macau is no longer a heaven to siphon money when government starts nailing down, bitcoin is much easier now throughout the globe.
Donald Kasper (1 year ago)
The Macau money portal has long since been shut down.
TheMiddleKingdom (1 year ago)
The corrupted politicians and the millionaires of the Mainland Chinese are learning the hard ways, don't they know the houses (the casino operators) always win ?
TheMiddleKingdom (1 year ago)
After the Chinese authorities watched this video, they will crack down some more on the politicians that move their money out of the country.
Mr Hand (1 year ago)
3:12 actually 50,000 yuan not US dollar
Nuno C.Bastos (1 year ago)
idiot comments
hag12100 (1 year ago)
China's wealthy use various ways to transport wealth out of China. Top destinations: United States, Canada, Australia, Hong Kong (SAR) & Macau (SAR) United Kingdom, or New Zealand.
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viajaycay (1 year ago)
So I could technically get paid to be a VIP and gamble someone else's money? Sounds like a good deal to me!
DUMP ALL '' MADE IN CHINKNA '' !!!
Dragon 100 (1 year ago)
SUSSIE WANG LLOOOOOL U FUCKING JEW
Vikram Singha (1 year ago)
Thanks for the video China Uncensored team! It was very informative and well scripted. Keep up the good work

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