On Oct. 18, senior Hong Kong banker Ng Ming-tak told the media that mainland bank employees in Hong Kong have been subject to tight overseas travel control in recent years. Mr. Ng, who served as senior vice president of the China Construction Bank (Asia) before 2017, pointed out during an online interview on “Precious Dialogue” that higher-ranking mainland bank staff members employed by state-owned enterprises in Hong Kong have had their passports literally taken “out of their own hands.” “Unless they use a fake passport, like Meng Wanzhou, they can hardly travel to overseas destinations at will.” Mr. Ng also acknowledged that because none of these party members can travel abroad now, some of them came to him for help. But as he mentioned in the program, there is nothing you can do because their passports are all held by the Organization Department of the CCP....Read more https://www.theepochtimes.com/china/hks-mainland-banks-impose-staff-travel-restrictions-former-hk-mainland-bank-vp-5519179
The House Select Committee on the Chinese Communist Party (CCP) has urged the treasury secretary to implement President Joe Biden’s executive order on outbound U.S. investment restrictions in key technology areas in China. In a letter dated Oct. 30 to Treasury Secretary Janet Yellen, Reps. Mike Gallagher (R-Wis.), and Raja Krishnamoorthi (D-Ill.), made a number of recommendations needed to prevent American capital from flowing into restricted Chinese firms. “As Treasury deliberates on the definitions and scope to be issued in these guidelines, the Chinese Communist Party (CCP) is developing advanced technologies, with the help of American capital and know-how,” they said in the letter, urging Ms. Yellen to issue rules and guidelines so that U.S. firms can be aware of what investment restrictions to avoid.... 
Former Chinese Premier Li Keqiang recently died of a sudden heart attack after swimming in Shanghai’s Dongjiao State Guest Hotel, putting the hotel in the spotlight. CCTV, a state media network, said Mr. Li had been “resting in Shanghai recently” and had died of a heart attack at 0:10 a.m. on Oct.27 after an “all-out effort” to revive him. The 68-year-old former Prime Minister was in good health and enjoyed swimming. Radio Free Asia quoted a medical professional in Shanghai saying that Mr. Li arrived in the city on Oct.26 and had lodged at the Shanghai Dongjiao State Guest Hotel. “In that late afternoon, [Li Keqiang] suffered a sudden heart attack while swimming in the hotel,” the report said....
Descendants of veteran high-ranking Chinese Communist Party (CCP) officials are scrambling to move their assets out of China amid tensions among political factions, according to members of prominent families. Opting to use an alias for fear of reprisals, Fang Ming, a CCP princeling now living in New York, told the Chinese language edition of The Epoch Times on Oct. 25 that Party head Xi Jinping’s anti-corruption campaign is encroaching on the interests of the Party’s privileged descendants, raising concerns about safeguarding the substantial wealth they’ve amassed in China. “We are trying to move money out of China to prevent our assets from falling prey to CCP exploitation,” Mr. Fang said....