Did China Really Lose $3.75 Trillion in Illicit Financial Flows?
by Martin Kessler and Nicholas Borst | January 10th, 2013 | 03:20 pmA recent report from the think tank Global Financial Integrity (GFI) identifies China as the largest source of illicit financial flows in the developing world. The report, Illicit Financial Flows from China and the Role of Trade Misinvoicing, identifies $3.75 trillion in illicit outflows during between 2000 and 2011. The possibility of trillions of dollars [...]