China cracks down on 'black banks' stashing ill-gotten wealth
Chinese police have intensified efforts to crack down on underground banks or "black banks" to prevent suspected corrupt officials from transferring their ill-gotten assets abroad through money laundering, as part of the ongoing anti-corruption campaign.
Oct 16, 2015, 16:03 PM ISTDeath toll from China Typhoon rises to 19: Report
The death toll from a typhoon that struck China on the weekend has risen to 19, with four people missing, the official Xinhua news agency reported today.
Oct 07, 2015, 10:19 AM IST