# Narco brokers in Mexico, a booming business thriving alongside Chinese money-laundering networks

- URL: https://talkfuse.com/story/narco-brokers-in-mexico-a-booming-business-thriving-alongside-chinese-money-laundering-networks/
- Published: 2026-11-15T04:00:00+00:00
- Updated: 2026-11-15T04:20:54+00:00
- Original publisher: El País (publisher lean: Left)
- Original article: https://english.elpais.com/international/2026-11-15/narco-brokers-in-mexico-a-booming-business-thriving-alongside-chinese-money-laundering-networks.html
- Topics: Americas, Asia, World

## Key points

- Bojun He was arrested with $2 million and 43 million pesos.
- Chinese networks are accused of laundering money for Mexican cartels.
- Experts cite trade links and lower fees as key advantages.

## Summary

Bojun He, known as “El Chino”, was arrested in Mexico City with $2 million and 43 million pesos, and is accused of leading a money-laundering network serving organised crime. His case has drawn attention to financial brokers who connect Mexican cartels with Chinese laundering networks, helping move and disguise illicit funds across borders.

Experts cited in the article say extensive trade between China and Mexico can help conceal illegal transactions among legitimate shipments, while Chinese networks charge an estimated 3% to 5% for laundering, compared with 10% to 15% from other providers. One method described is triangulating money between China, Mexico and the United States, including through Fei Qian, an informal transfer system; the article also notes China’s annual $50,000 limit on citizens withdrawing foreign currency.

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Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.