English Story

中国开展打击地下钱庄的活动

Chinese police have launched a nationwide campaign against underground banks in a bid to maintain order in financial and capital markets.

中国警方发起了一项全国范围内打击地下钱庄的活动,以维持金融秩序与金融资产。
 
A similar campaign was launched in April to stop transfers of illicit money through offshore companies and underground banks. 
 
The campaign uncovered several major cases involving more than 430 billion yuan, or 67.2 billion U.S. dollars. 
 
Underground banks are still rampant and becoming a channel for other crimes to transfer illicit assets, disturbing the financial and capital market. 
 
The campaign against the banks will run until the end of November.