Discover why Chinese money plants are lucky, according to a Feng Shui expert. These popular indoor plants are thought to ...

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 ...

The RMB is unlikely to be a major player in Forex reserves anytime soon—and that's by design.

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 ...

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 ...

May 17, 2005 — -- The Treasury Department's semi-annual report to Congress on foreign exchange released today called for change in China's policy of linking its currency (the yuan or renminbi) to ...

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 ...

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 ...

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 ...