India’s crackdown on China is intensifying. On Tuesday, income tax officials busted a major laundering racket after raiding at least two dozen premises in three cities.

Chinese money laundering racket busted in India & Australia

Australian police have arrested two men on suspicion of moving tens of millions of dollars of illicit drug money through a Sydney-based "daigou", a surrogate shopping business popular with Chinese.

'Daigou' money laundering racket: Australian police arrest two men

The Indian tax department has busted a massive money laundering racket that involves certain Chinese companies based in India. Watch report.

Chinese money laundering racket busted: Chinese firms raided by Indian tax department

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chinese money-laundering-racket

Chinese money laundering racket busted in India & Australia

'Daigou' money laundering racket: Australian police arrest two men

Chinese money laundering racket busted: Chinese firms raided by Indian tax department