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favorite destination of corrupt Chinese

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Series of 1917 $1 United States Note

Virgin Islands and the Bahamas is a world financial center that became the target of corruption to transfer money abroad. The Chinese government media previously proposed a favorite destination of corrupt Chinese officials, the United States, Australia and New Zealand. Chinese news agency Xinhua recently reported, since 1989 China could only bring back 71 officials accused of corruption cases. Clearly the number of 71 officers is very small compared with about 4,000 officials have fled. Not clear how much funding has been the result of corruption can be returned from around 50 billion U.S. dollars that was taken away by criminals. Determination to improve the legal system and discuss an extradition treaty with other countries could become corrupt Chinese story that captured and brought back in China will continue to grow. Of course this issue also depends on the goodwill of other countries had to establish an extradition treaty earlier. Runaway money proceeds of corruption is basically detrimental to other countries, but benefit the country where the money had been placed corruption. Especially if the money proceeds of corruption had reached 50 billion U.S. dollars.

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