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Geopolitics

Corruption In China: How Public Officials Took $120 Billion, And Ran

A report by China’s central bank found that thousands of Chinese government officials have smuggled billions out of the country and fled, mainly to the U.S., highlighting "the corruption within a corrupt system".

Corrupt Chinese officials tend to send their families abroad, and join them later. (Ivan Walsh)
Corrupt Chinese officials tend to send their families abroad, and join them later. (Ivan Walsh)
Xin Haiguang

BEIJING - Just how many corrupt Chinese government officials have fled overseas? How much money have they stashed away? And how did they manage to transfer such colossal sums abroad?

Last week the Bank of China published a report entitled "How corrupt officials transfer assets overseas, and a study of monitoring." The report quoted statistics based on research by the Chinese Academy of Social Sciences. Since 1990, the number of Communist Party and government officials, public security members, judicial cadres, agents of State institutions, and senior management figures of state-owned enterprises fleeing China has reached nearly 18,000. Also missing is about 800 billion yuan (more than $120 billion).

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Russia

When Mom Believes Putin: A Russian Family Torn Apart Over Ukraine Invasion

Sisters Rante and Satu Vodich fled Russia because they could no longer bear to live under Putin — but their mother believes state propaganda about the war. Her daughters are building a new life for themselves in Georgia.

A mother and her daughter on a barricade in Kyiv

Steffi Unsleber

TBILISI — On a gloomy afternoon in May, Rante Vodich gets the keys to her new home. A week earlier, the 27-year-old found this wooden shed in Tbilisi, with a corrugated iron roof and ramshackle bathroom. The shed next door houses an old bed covered in dust. Vodich refers to the place as a “studio” and pays $300 per month in rent. She says finding the studio is the best thing that’s happened to her since she came to Georgia. It is her hope for the future.

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Her younger sister Satu Vodich is around 400 kilometers further west, in the city of Batumi on Georgia’s Black Sea coast, surrounded by Russian tourists, Ukrainian flags, skyscrapers with sea views and the run-down homes of local residents.

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Central to the tragic absurdity of this war is the question of language. Vladimir Putin has repeated that protecting ethnic Russians and the Russian-speaking populations of Ukraine was a driving motivation for his invasion.

Yet one month on, a quick look at the map shows that many of the worst-hit cities are those where Russian is the predominant language: Kharkiv, Odesa, Kherson.

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