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Chinese Elite Hide Money Offshore

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23 Jan 2014 00:52 #174534 by chairman
Chinese Elite Hide Money Offshore

More than a dozen of China’s wealthiest individuals have been named in a report detailing tax-haven clients. Even relatives of the country’s leader, Xi Jinping, are listed as hiding funds in offshore accounts, which is especially embarrassing since Xi has focused on cracking down on officials’ displays of wealth and corruption. Relatives of former premiere Wen Jibao reportedly have $2.7 billion hidden offshore. Unsurprisingly, the government is not (outwardly) taking the report seriously. Foreign Ministry spokesman dismissed the report as “hardly convincing.”
Always tell someone how you feel because opportunities are lost in the blink of an eye but regret can last a lifetime.
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#T20WorldCup		(04.01.2026, 14:18)(14:18)0
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