Trans-Pacific Families Sue Over Property
This is a China news story, published by vancouversun, that relates primarily to Hang Yin news.
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Chinese courtsvancouversun
•China 'corruption' allegations hit $45 million real estate case in Metro Vancouver
71% Informative
B.C. Supreme Court case pits Chinese property investor Tony (Tong) Zhang against Hang Yin , his wife and daughter.
Zhang estate's civil suit maintains that Hang Yin and his family fraudulently misappropriated $45 million worth of Zhang ’s investment money.
Research shows volume of money pouring out of China into real estate into Australia and Canada jumped by up to six times between 2016 and 2019 .
Canadian property developer John D’Eathe says federal government hasn’t appeared to care where most real-estate investment money comes from.
D'Eathe said Canadian governments and banks have largely not been asking how offshore investors are able to exceed China ’s currency restrictions.
Author of the crime novel Laundering the Dragon says he's experienced dubious behaviour in trans-Pacific property development.
VR Score
75
Informative language
75
Neutral language
43
Article tone
formal
Language
English
Language complexity
63
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
9
Source diversity
6