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Pandora Papers: Chinese maintain thousands of shell companies

Nearly 2,000 Chinese citizens appear in the largest data leak on shell companies in tax havens to date, according to data compiled by the International Consortium of Investigative Journalists (ICIJ). The People’s Republic ranks among the countries with the most beneficiaries, with 1,892 owners of shell companies. According to the data, a current politician and a former politician of the People’s Republic also maintain secret companies in offshore financial centers.

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