Long Read: How a Chinese American Gangster Transformed Money Laundering for Drug Cartels

Discussion in 'Global Issues' started by 19Crib, Oct 13, 2022.

  1. 19Crib

    19Crib Well-Known Member Past Donor

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    How a Chinese American Gangster Transformed Money Laundering for Drug Cartels
    https://www.propublica.org/article/china-cartels-xizhi-li-money-laundering
    So while the administrative state has concentrated on “getting Trump” for six years, the Chinese have been complicit in killing off America’s workforce with fentanyl by facilitating money laundering for the South American drug trade. 108,000 people died from drugs in 2021.
    Our country and its government is losing it’s ability to be effective due to too much partisanship, too much personal and political corruption, fixations on expensive initiatives that paper over problems, leaders putting dollars over deeds, and a concentrated ownership of the information pipelines.
     
    Last edited: Oct 13, 2022
  2. Hey Now

    Hey Now Well-Known Member

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    Interesting.
     
  3. kazenatsu

    kazenatsu Well-Known Member Past Donor

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    I do know from lots of reading research about trade issues between the U.S. and China that the Chinese government does not seem to care much about issues outside of China that do not involve Chinese citizens (unless it involves extending their control). If Chinese companies send hazardous or illegal products to other countries, Chinese authorities tend to turn a blind eye. What do they care? If it's helping Chinese companies and increasing the country's exports to make China's economy bigger. This is in stark contrast to Chinese authorities being very strict, harsh, and controlling in other legal areas.

    So for example the Chinese government seems to be actively involved in stealing technology from the U.S. and Europe so they can grow their own industry. And there is virtually zero enforcement on counterfeit or knock-off consumer goods. The only time they'll stop something hazardous from being exported is if they think it will cause some big scandal and threaten their export market.

    The Chinese government puts an emphasis on getting money into their country through any means possible.
     
    Last edited: Oct 22, 2022
  4. kazenatsu

    kazenatsu Well-Known Member Past Donor

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    In the early 1990s it was found out that a Chinese company had been selling landmines to war-torn parts of Africa for the equivalent of only 2 dollars apiece, with the seeming approval of the Chinese government.
    If a government would be okay with that, you can imagine what their feelings about drug trade would be. If it is Chinese nationals running that drug trade to foreign countries, the money is most likely going to end up back in China, flowing into their economy.

    It's very doubtful the Chinese government would specifically support that trade, but they might not see much of a reason to do anything about it, so long as those drugs are not flowing into their own country.
     
    Last edited: Oct 22, 2022
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