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China's Elite Hides Wealth Offshore

Relatives of China’s top leaders, including president Xi Jinping and former premier Wen Jiabao, as well as members of the country’s business elite have been helped by Western banks to hide their wealth in tax havens according to a team of investigative journalists. The report, by the International Consortium of Investigative Journalists (ICIJ), is the latest probe into the wealth of some of China's most powerful individuals, including so-called princelings, those tied by blood or...

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