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

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