China (CN)

Jurisdiction Overview

234 *Are Private Foundations available? No
 Data Date: 2019


The Global Forum reports: "Foundations in China are non-profit legal persons established for public welfare purposes (Art 2). [...]. Foundations are non-profit organisations set up for charitable purposes that are highly monitored by government authority" (GF 2013: 50, 54). Moreover, in 2019, the FATF only refers to foundations as non-profit organisations.


GF 2013: 50, 54
FATF 2019: 197-200