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Guanxi

UNODC Money Laundering Terms DictionaryUNODC Money-Laundering Terms Dictionary
Meaning "personal connections" in Mandarin, guanxi is an informal mechanism of exchange and co-ordination between individuals rather than institutions in China. This unofficial mechanism of exchange includes everything ranging from goods and services to information in return for mutually beneficial favours, introductions and services, often in the form of invitations and gifts.
Copyright © 2005 UNODC - United Nations Office on Drugs and Crime.
 

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Administered Bank
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