China-US cooperation: Case involving illegal forex transactions under probe


Illustrative photo - Reuters

BEIJING: Following a United States clue on drugs and money laundering, Chinese police have launched an investigation into a case involving illegal foreign exchange transactions, China's Ministry of Public Security said Wednesday (June 19).

The investigation has found that, since 2017, the suspect surnamed Tong started a car dealership in the United States and offered exchange services between Chinese yuan and US dollars.

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China , US , cooperation , case , illegal , forex transactions , probe

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