April 26, 2018 / 3:27 AM / a month ago

China will crack down on money-laundering: central bank

BEIJING (Reuters) - China’s central bank said on Thursday it will effectively crack down on money-laundering and related crimes to safeguard national security and social stability.

A man walks past the headquarters of the People's Bank of China (PBOC), the central bank, in Beijing November 20, 2013. REUTERS/Jason Lee/File Photo

China will also step up and improve money-laundering supervision, the People’s Bank of China said on its website.

Reporting by Beijing Monitoring Desk; Editing by Kim Coghill

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