«THE CAPITAL FLIGHT» CHALLENGES FOR CHINA’S ECONOMY

Abstract

In the article the analysis of «the capital flight» from China’s economy is made. The level of offshorization of this country is assessed. The author also enumerated forms of illicit capital investment abroad from the territory of China. As pointed out in the article, there are offshores which are chosen by the residents of China’s economy.

Keywords

• financial institutions
• offshore
• brics
• fatf
• aml/ft
• illicit operations
• world financial system