As a port of entry for mainland exports, Hong Kong is vulnerable to illicit funds flowing through normal trade-based channels. Photo: K.Y. Cheng

The price of becoming Asia’s world city: attracting global trade opens Hong Kong to laundering

The city has also battled notoriety for being a fundraising platform for money laundering and even terrorist activity

As a port of entry for mainland exports, Hong Kong is vulnerable to illicit funds flowing through normal trade-based channels. Photo: K.Y. Cheng
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