CHINA TOPIX

11/22/2024 10:06:09 am

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Yang Jinjun

Kuang Wanchang

Kuang Wanchang: U.S. Repatriates Chinese Fugitive Accused of Defrauding Nearly $500 Million from Bank of China

United States authorities on Thursday repatriated a Chinese fugitive accused in 2004 of conspiring in a scheme to defraud China's central bank of $485 million. The deportation of Kuang Wanchang shows that both countries are steadily progressing towards establishing a formal prisoner extradition treaty.

Yang Jinjun

U.S. Extradites One of China's Top 100 Fugitives

The United States has extradited one of China's most wanted fugitives to Beijing, officials announced on Friday. Experts say the move is a positive sign that both nations are willing to collaborate to combat corruption.

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