Trade misinvoicing is possibly the most pervasive form of Chinese money laundering according to a new report published by Global Financial Integrity (GFI) which concludes that China plays an extremely impactful role as a source, transit and demand country in many of the most widespread and serious transnational crimes.

China’s Role in Transnational Crime and Illicit Financial Flows also alleges the country is unique in that the government itself engages in certain types of criminal activity, notably in forced labour and intellectual property rights violations but also with the involvement of the Chinese authorities in a trade-based money laundering (TBML) scheme.