Trump urged to press Xi on Chinese money laundering tied to Mexican fentanyl 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
Witnesses at a congressional hearing on Tuesday accused Chinese money laundering networks of providing crucial financial support to Mexican drug cartels. These networks are described as the "financial fuel" enabling cartels to distribute fentanyl and other drugs, contributing to the ongoing opioid crisis in the United States. Experts urged President Donald Trump to make this issue a priority in his upcoming discussions with Chinese President Xi Jinping. The hearing highlighted concerns about a growing "Silk Road of crime" spanning the Americas, facilitated by these illicit financial flows.
Addressing Chinese money laundering tied to fentanyl production and trafficking is critical to disrupting the supply chain that fuels the deadly opioid epidemic in the United States.
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