23 Sep 2016
China has signed a treaty with Canada, one of the main destinations of Chinese corruption or fraud suspects fleeing the country, to allow the return of stolen assets, state media reported.
If the source of ill-gotten gains cannot be verified, the two nations will share the assets.
The treaty on the sharing and return of forfeited assets was signed during Premier Li Keqiang’s visit to Canada this week.
It is the first agreement on assets recovery China has signed with another country amid Beijing’s high-profile global hunt for corruption fugitives.
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