China to freeze funds of terrorist organizations
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China.org.cn, October 24, 2011
The funds and assets of terrorist organizations and terrorists will be frozen after their names are published by the public security authorities, according to a bill submitted to China's top legislature for discussion on Monday.
Terrorist activities are defined in the draft bill as "behaviors that have caused or intended to cause casualties, major economic loss, damages to public facilities, social disorder and other activities that endanger society through violent, destructive, threatening and other measures in order to cause social panic and coerce the government and international organizations".
Despite a series of regulations to prevent terrorism, the lack of a clear definition of what constitutes terrorist activity and a list of organizations has impeded the work to crack down on those want to wage attacks against China, said Li Huanning, vice minister of Public Security at the bimonthly meeting of the top legislature which opened on Monday.
The decision also allows the country's leading anti-terrorism facility under the State Council to verify a list of terrorist names and its organizations, so the country can block their assets.
(China Daily contributed to this story)
