Public Security Vice Minister Meng Qingfeng said underground banks were undermining China's economic security. Photo: SCMP Pictures Public Security Vice Minister Meng Qingfeng said underground banks were undermining China's economic security. Photo: SCMP Pictures
Public Security Vice Minister Meng Qingfeng said underground banks were undermining China's economic security. Photo: SCMP Pictures
China

Macau police arrest 17 people suspected of China UnionPay scam to get cash out of mainland

Pawnshops raided, underground banks targeted as stock market rout fuels fears of capital flight

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Raquel Carvalho
Kwong Man-ki and Raquel Carvalho

Updated: 4:40pm, 20 Jun, 2018

Why you can trust SCMP
Public Security Vice Minister Meng Qingfeng said underground banks were undermining China's economic security. Photo: SCMP Pictures Public Security Vice Minister Meng Qingfeng said underground banks were undermining China's economic security. Photo: SCMP Pictures
Public Security Vice Minister Meng Qingfeng said underground banks were undermining China's economic security. Photo: SCMP Pictures
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