Corrupt Officials

Half of the corrupt Chinese officials who flee the country to escape prosecution are heads of State Owned Enterprises (SOEs) and their favourite destination is the United States. These senior officials used their foreign business connections to flee the country. Most corrupt officials went to the United States, Thailand, Australia, Canada and Russia and sought asylum. A lack of supervision within the SOEs was also to blame for official corruption.
Up until May 2006, there were 800 suspects wanted for economic crimes at large overseas. They are accused of embezzling nearly 70 billion yuan (875 million U.S. Dollars).