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Black market banking brings billions from China


DagonKhan

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Black market banking brings billions from China

kyat-2.jpg

File photo of Burmese currency, kyat. (PHOTO: DVB)

As the illegal trade in jade, timber and drugs along the Sino-Burmese border appears unstoppable, black market banks have become a major channel for laundering criminal assets, according to insiders who are familiar with the business.

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