He treats divergence between current account and trade account as evidence of capital flight and money laundering mechanisms during recent years.
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Capital Flights
He treats divergence between current account and trade account as evidence of capital flight and money laundering mechanisms during recent years.
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Timestamped Evidence
"...know about $500 billion a year, guys. Why is this happening? Capital flight, money laundering. People are using exports in order to move their..."
"So in other words, what's really driving China's export mania, a lot of this is money laundering. as people try to flee the country...."
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