The overseas wealth of several relatives of senior Chinese leaders has come to light in an International Consortium of Investigative Journalists (ICIJ) report part of the analysis of a consortium of media outlets on more than 11 million documents leaked from the Panamanian law firm Mossack Fonseca being called the Panama Papers. According to the report, the family members of eight current or former members of the Politburo Standing Committee of the Chinese Communist Party, including a brother-in-law of President Xi Jinping, have “secret offshore companies.” Several prominent Chinese businesspeople were also named in the report. —The Editors
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SR: The Week’s China Reads
Every week, China Program’s Senior Advisor Dr. Robert A. Kapp compiles a reading list and provides commentary, for you to better understand China.
Robert A. Kapp is senior advisor to the China Program at the Carter Center. He has been principal of Robert A. Kapp and Associates, a business consulting firm, since 2004. From 1994 through 2004 he served as President of the United States-China Business Council…