On August 28, 2025, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (“FinCEN”) released an advisory (FIN-2025-A003) alongside a comprehensive Financial Trend Analysis (“FTA” ...

Chinese citizens want to get money out of the country, while criminals are looking to clean illicit funds. They’re both using the same broker. An underground banking network in China has spent the ...

The Chinese yuan is on track to reach 6.85 against the US dollar by the first three months of 2026, according to investment analysts at Morgan Stanley. The projection comes as the nation changes how ...

At the conclusion of talks this month, Treasury Secretary Scott Bessent called money laundering “the result of fentanyl sales,” and said “both the People’s Republic of China’s government and the U.S.

Caught between Beijing and the Trump administration, the International Monetary Fund offered mild criticism of China for relying too heavily on exports. By Keith Bradsher Reporting from Beijing China ...