Last year alone, an estimated US$200m was transferred from China to the Russian far east—mostly through the Chinese underground banking system (see box: underground banks)—and invested in casinos, hotels, restaurants, and hostess bars. Large amounts have also been invested in illegal logging and fishing deals, with timber and fish being smuggled to China, Japan and South Korea; costing the government millions of roubles every year in lost revenue.
chinese triads take over russian mafia, LA next?
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