(MENAFN- Saudi Press Agency) HONG KONG Safar 08 1437 November 20 2015 SPA -- China has arrested suspects for illegal foreign-exchange transactions totaling $64 billion - in an apparent coup for Beijing's campaign against widespread corruption UPI reported.
The crackdown took place in eastern Zhejiang province where more than 370 people were either arrested face lawsuits or some other penalty Bloomberg reported Thursday. Underground banking and money-laundering activities totaled $125.4 billion since April according to state-owned People's Daily.
--SPA
22:41 LOCAL TIME 19:41 GMT
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