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Letzte Aktualisierung: October 5, 2021

Pandora Papers: Chinese maintain thousands of shell companies

The latest leak on tax havens also features numerous Chinese names. Companies use shell companies in offshore centers to circumvent strict Chinese regulations. But China's princelings also like to take advantage of the haziness of tax havens.

Nico Beckert
Nico Beckert
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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