the Frontier Closed Area was established in 1951 as a buffer zone between Hong Kong and mainland China to prevent illegal migration and the smuggling of goods
modern banking system provides conduit for money laundering; groups involved in money laundering range from local street organizations to sophisticated international syndicates involved in assorted criminal activities, including drug trafficking; major source of precursor chemicals used in the production of illicit narcotics
NOTE: The information regarding Hong Kong on this page is re-published from the 2024 World Fact Book of the United States Central Intelligence Agency and other sources. No claims are made regarding the accuracy of Hong Kong 2024 information contained here. All suggestions for corrections of any errors about Hong Kong 2024 should be addressed to the CIA or the source cited on each page.
This page was last modified 04 May 24, Copyright © 2024 ITA all rights reserved.
