A River of Illicit Money Flows Out of China

An astonishing US$3.97 trillion in illicit funds left China between 2000 and 2011, according to a report released Friday by the Washington, DC-based Global Financial Integrity, a research and advocacy group. As much as 10 percent of China’s annual gross domestic product may be disappearing out of the country in illicit funds flight, says the 15-page report, titled

Read →

Keep reading with a 7-day free trial

Subscribe to Asia Sentinel to keep reading this post and get 7 days of free access to the full post archives.