China's Elite Wealth in Offshore Tax Havens, Leaked Files Show

China’s elite, including the brother-in-law of President Xi Jinping, have used secretive offshore companies that helped hide wealth in tax havens, including the British Virgin Islands and Samoa.

That’s according to the International Consortium of Investigative Journalists in Washington, D.C. The group, whose website is now blocked in China, worked with reporters from Europe, North America, and Asia, sifting through leaked files from two offshore funds, Singapore-based Portcullis TrustNet and Commonwealth Trust Limited in the British Virgin Islands.