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How the Chinese make movies to launder money
China’s film industry has long been entangled in money laundering schemes, with the expression: “Movies are made by gangsters, with gangsters and for gangsters.” One of China’s biggest stars, Fan Bingbing, who is known in the West for her role as Blink in the X-Men franchise, was recently embroiled in a major scandal that brought these issues to light. Why do China’s filmmakers use their craft to launder money? And what role do the Triads play in the process?
0:51 The Fan Bingbing scandal
2:07 Triads and Hong Kong gangster movies
6:06 Money laundering under the CCP
8:12 The biggest scandal in China’s film industry
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