Abstract
PurposeThis paper aims to determine the types of legal mechanisms that authorities can use to recover stolen assets for and from China.Design/methodology/approachNewspaper articles and books are examined as are relevant reports by various regulatory authorities and academic institutions.FindingsThe effectiveness of legal mechanisms in the recovery of stolen assets may be affected by issues such as the difficulties in tracing illicit funds, the ambiguous nature of “value” as well as the rise in technology.Research limitations/implicationsThere are limited data available in relation to the prevalence of corrupt officials along the Belt and Road Initiative and the statistical success in the recovery of stolen assets. Any discussions within this paper are based on the impressionistic observations of this author, which may not reflect the true state of affairs of the Belt and Road Initiative.Practical implicationsThose who are interested in examining how authorities could recover stolen assets from and for China will have an interest in this topic.Originality/valueThe value of the paper is to demonstrate the difficulties in recovering stolen assets for and from China.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
