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A comment on To Cover China, There’s No Substitute for WeChat. Parent comment

Re:To Cover China, There’s No Substitute for WeChat by HaloZero on Friday January 18, 2019 @06:13PM (#18944031)
China and the US have a bilateral agreement about this I believe. It's to make sure Chinese citizens aren't storing money in the US and vice-versa. I imagine a US bank would do something similar to a Chinese national.
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Re:To Cover China, There’s No Substitute for WeChat by briandear on Friday January 18, 2019 @06:24PM (#18944091)
Nothing to do with the bilateral agreement, it’s because of FATCA.
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