There are plenty of Chinese corrupt officials and their family are currently hiddening in Singapore and being protected by Singapore government. The most notorious one is Li Xiaoyong, who is the former Primer Minster Li Peng’s son.
What’s more , opening an offshore bank accounts in Singapore has much better privacy than HK, HK is no longer safe now since CPC is tightening the control of the proxy of funk money. With compared to Western countries, Rich Chinese can enjoy a better life in Singapore because of no language barrier and better public security.