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Explainer: How Secret Chinese Networks Move Billions Through US Banks

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Explainer: How Secret Chinese Networks Move Billions Through US Banks
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For years, the Chinese communist regime has been accused of fueling the fentanyl epidemic in the United States, a claim that gained renewed attention when President Donald Trump imposed tariffs on goods from China as well as Mexico and Canada, citing their role in the drug crisis.

Most fentanyl entering the United States is produced in Mexico using chemical precursors imported from China. According to a February White House press release, the Chinese Communist Party (CCP) actively supports these operations through tax rebates and grants, and holds stakes in companies involved in trafficking fentanyl and its precursors.

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