Corrupt Officials Took $124 Billion Out of China
In a refrain that is regularly repeated by senior Chinese leaders, the report warned that rampant corruption poses a threat to Communist party rule.
By: Jamil Anderlini in Beijing,
CNBC
Corrupt Chinese officials smuggled an estimated 800 billion yuan ($123.6 billion) of ill-gotten gains out of the country over a 15-year period, according to a report released by China’s central bank.
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