With more "naked officials" moving their families and fortune overseas, China is not only losing huge amounts of money, but also facing the challenge of preventing foreigners from linking the country with corruption.

ifeng.com, July 23

A number of officials indulge in corruption to make extra money. So an effective way of curbing corruption is to prevent officials from easily laundering or transferring their ill-earned money abroad. Given the impact of the ongoing anti-corruption campaign, corrupt officials might accelerate the transfer of their dirty money overseas, making global coordination absolutely necessary to fight corruption.