Chinese investors and a Samoan high chief have proposed the creation of a cryptocurrency and stock trading hub in Samoa, presenting their plans at an event in Hong Kong. However, the Samoan government has stated that it did not give any endorsement or approval for the ventures, which were only proposals. The controversy over the crypto-finance center comes as Samoa also deals with criticism over poor governance and lack of transparency in other areas, including Chinese tourism ventures. The involvement of Chinese businessmen in both the tourism and crypto projects has raised concerns over potential conflicts of interest.

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