China and US agree to target money launderers linked to fentanyl trade

Source: China – South China Morning PostThe United States and China found a rare common ground in their trade talks in Madrid this week, agreeing to work together to crack down on money laundering from illegal fentanyl sales.
After the talks ended on Monday, US Treasury Secretary Scott Bessent said both nations suffered the consequences of the money laundering from the trade.
“The money laundering is the result of fentanyl sales, and both the People’s Republic of China’s government and the US government and citizens are hurt by the…Read More

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