India to post customs intelligence officers in China to check financial frauds

India has decided to post Customs intelligence officers in China in its effort to check black money, trade-based money laundering and other financial frauds, officials said Sunday.​ Two posts of the Customs Overseas Intelligence Network (COIN) have been created in the Indian embassy in Beijing and in the Consulate General of India at Guangzhou, they said. The finance ministry has begun the process to select officers for the postings.

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