US lawmakers urge Trump to press Xi on Chinese money laundering tied to Mexican cartels
Chinese money laundering networks were accused of being “financial fuel” for the Mexican cartels at a congressional hearing on Tuesday, where witnesses urged US President Donald Trump to prioritise the issue at his next face-to-face meeting with Chinese counterpart Xi Jinping. “I want to be very clear, Chinese money laundering networks have become the financial fuel for cartels to poison Americans and threaten our borders, we’re seeing a Silk Road of crime across the Americas
During a congressional hearing, witnesses presented accusations that Chinese money laundering networks are providing significant financial support to Mexican cartels. These networks were described as the "financial fuel" enabling cartel operations that impact the United States. Lawmakers are calling on President Donald Trump to make this issue a priority in his upcoming discussions with Chinese President Xi Jinping. The situation was characterized as a "Silk Road of crime" extending across the Americas.
Addressing these money laundering channels is crucial for disrupting the financial backbone of drug cartels and mitigating their impact on American communities and national security.
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