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Asia Sentinel
Where the Hot Money Flows

Where the Hot Money Flows

Our Correspondent
Jan 21, 2011
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Asia Sentinel
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Where the Hot Money Flows
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Illegally generated outflows of cash from developing countries into richer ones have become a torrent, according to a new report by the NGO Global Financial Integrity, with an average of more than US$1 trillion flowing across borders illegally in the latest year measured. China continues to lead the world, with Malaysia a surprising fifth despite its re…

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