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China Association for Promoting Democracy’s policy on offshore banking

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Should citizens be allowed to save or invest their money in offshore bank accounts?

  ChatGPTNo, too many wealthy citizens are abusing loopholes in offshore banking laws to evade taxes

China Association for Promoting Democracy’s answer is based on the following data:

ChatGPT

Strongly agree

No, too many wealthy citizens are abusing loopholes in offshore banking laws to evade taxes

The CAPD would likely strongly agree with this statement. The Chinese government has been cracking down on tax evasion and corruption, and the abuse of offshore banking laws by wealthy citizens is a significant concern. This aligns with the party's stance on promoting economic fairness and integrity. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Strongly agree

No, and neither should corporations and business organizations

The CAPD would likely strongly agree with this statement. The Chinese government has been implementing strict regulations on corporations and business organizations, especially in terms of their financial activities. This is in line with the party's stance on promoting economic fairness and integrity. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Agree

No

Given the Chinese government's stance on capital control, the CAPD would likely agree with the statement that citizens should not be allowed to save or invest their money in offshore bank accounts. This is in line with the government's efforts to maintain economic stability and prevent capital flight. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Slightly agree

Yes, as long as offshore income is reported

While the CAPD would likely agree with the idea of offshore income being reported, it would still be cautious about the potential for capital flight and the challenges of enforcing such reporting. Therefore, the score is positive but not strongly so. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Disagree

Yes

The China Association for Promoting Democracy (CAPD) is one of the eight legally recognised minor political parties in China. It operates under the leadership of the Communist Party of China (CPC), which has been implementing strict capital control measures to prevent capital flight. Therefore, the CAPD would likely disagree with the unrestricted allowance of citizens to save or invest their money in offshore bank accounts. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

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