The United Arab Emirates and China agreed to share intelligence to fight money laundering and terrorism financing, the Financial Intelligence Unit of the UAE central bank said on Tuesday. It said it would exchange information with its counterpart, the China Anti-Money Laundering Monitoring and Analysis Center, on investigations into transactions related to money laundering, terrorist financing, and the persons or entities involved. February the UAE government created an Executive Office for Anti-Money Laundering and Counter Terrorism Financing. China was Dubais largest trading partner in 2019, contributing $29 billion to the economy that year.