Chinese money laundering criminals team up with Mexican cartels to menace US, officials warn Congress

Officials with the Drug Enforcement Administration (DEA) and Treasury Department warned members of Congress this week about the escalating threats from Chinese money laundering.

During a Tuesday hearing on Capitol Hill, U.S. senators heard repeated warnings about money coming into the United States from illicit means connected to China and how that money is funding illegal drugs, like fentanyl, from Mexico.

"Criminals based in the People's Republic of China have emerged as the professional...