September 30 2017
After backing the BRICS declaration on terrorism naming Pakistan-based militant groups, China today said it will extend support to the fight against terrorist financing and money laundering in non-financial sectors.
“Money laundering and terrorist financing activities are gradually spreading to some non-financial sectors,” the People’s Bank of China (PBOC), the country’s central bank, said in a statement, noting the risks in sectors like real estate intermediary service ..