Economics
Phantom Goods Disguise Billions in China Illicit Money Flows
- Chinese import spike from Hong Kong dubbed `implausible'
- Deutsche Bank research highlights misreporting of trade
Inside China's Economic Blueprint
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Days after the Switzerland-based Bank for International Settlements played down fears over capital flight out of China, new trade data has put the spotlight on a channel used to ferret out billions worth of illicit money flows: phantom goods.