Trump urged to press Xi on Chinese money laundering tied to Mexican fentanyl cartels

Chinese money laundering networks were accused of being “financial fuel” for the Mexican cartels at a congressional hearing on Tuesday, where witnesses urged US President Donald Trump to prioritise the issue at his next face-to-face meeting with Chinese counterpart Xi Jinping.

“I want to be very clear, Chinese money laundering networks have become the financial fuel for cartels to poison Americans and threaten our borders, we’re seeing a Silk Road of crime across the Americas,” said Leland Lazarus, founder and chief executive officer at Lazarus Consulting and a former US diplomat, who testified at the hearing.