China takes aim at new target in black market banking on fears of capital flight

0
2

Chinese authorities are cracking down on contra payments, an illegal way of moving money offshore without crossing a border. Photo: AP

  • Top court and prosecutors say they are cracking down on contra payments and the threat they pose to society

Topic |  
China Society

Mandy Zuo


Mandy Zuo

 

Updated: Sunday, 10 Feb, 2019 11:05pm

TOP PICKS

Chinese authorities are cracking down on contra payments, an illegal way of moving money offshore without crossing a border. Photo: AP

READ FULL ARTICLE

LEAVE A REPLY

Please enter your comment!
Please enter your name here