Two ways China manages its money supply are by controlling foreign exchange rates and printing currency. In China, the People ...

Money laundering isn’t new — and neither is China’s role in it. Millennia ago, Chinese merchants developed schemes to “clean” the profits of commercial trade and avoid taxation. Today, their ...

Hot money refers to capital frequently moving between financial markets in search of high short-term interest rates, affecting exchange rates and global economies.

In Focus delivers deeper coverage of the political, cultural, and ideological issues shaping America. Published daily by senior writers and experts, these in-depth pieces go beyond the headlines to ...

In 2017, the Chinese government was the largest cryptocurrency market in the world. It is estimated that as many as 80 percent of all Bitcoin transactions were taking place in Chinese currency, the ...

BANGKOK — China has been expanding use of digital currencies as it promotes wider use of its yuan, or renminbi, to reflect its status as the world's second-largest economy and challenge the ...

The U.S. Treasury Department is urging financial institutions across the country to intensify monitoring of suspected Chinese money laundering operations that are helping fund the deadly flow of ...

Mexican drug cartels are partnering with Chinese money laundering networks to funnel hundreds of millions of dollars in drug proceeds to Chinese nationals in the United States, according to a new ...

Chinese New Year Luck, Fortune, Money, and the HorseThe Chinese New Year, also called the Lunar New Year, is one of the most significant celebrations in Chinese culture, marked by traditions, ...