China limits coverage of 'Panama Papers' tax haven revelations

Well, why point to China? Japan and its high and mighty always seem to have a way of coming out of these leaked-documents stories without a mark on them, from government surveillance downwards, and the local media seems to have little interest in pursuing the local angle in relation to them (the story of Secom notwithstanding), yet the local angle is the very first thought in every other matter. It would be interesting to know what is going on behind the scenes here.

“Information that is negative to the U.S. can always be minimised, while exposure of non-Western leaders, such as Putin, can get extra spin,” it added.

they were't wrong... although the chinese are just as shady as the americans in this regard.

It's not like China's political elite would be prosecuted anyway. Xi's anti-corruption campaign is really more of a revenge purging of the remnants of undesirables and Jiang Zemin supporters. Corruption is ingrained in the political landscape.

The claim that this leak focuses on China is incorrect. There are many nationalities implicated, but China will only allow news that points to foreigners. HSBC and Credit Suisse are also squirming and saying that these schemes related to a time before they got caught and hit with large fines for tax shelters targeting the wealthy.

Besides, China's politicians were already busted by the NY Times for having relatives own corporations. It appears to be a common practice in China. If you want a business, you need to give a government relative a percentage of the corporation.

Is this a CIA job? Who cares? This should develop into a huge scandal, except in censor prone China and Russia where it will be business as usual.

Food for thought - there are 30 billionaires in the upper echelons of the Chinese government alone. One wonders the sheer number of skeletons in closets?

China is in the midst of a massive crackdown on corruption overseen by Xi, but the government has repeatedly had to swat away criticism the move is more about an internal power play than actually tackling graft.

But Xi is on that list.

“Information that is negative to the U.S. can always be minimised, while exposure of non-Western leaders, such as Putin, can get extra spin,” it added. The editorial, in both its English and Chinese editions, made no mention of the China connections in the Panama Papers.

OK.

Relax, President Xi. Everyone already knows you and your unelected cronies are all corrupt anyway. What's that they say about "absolute power," again?

And besides, according to the democrat Putin, everyone involved in producing this story are "ex-CIA." So there.

The thieving Chinese dictators can't be happy with this. They preach a message of anti-corruption at the same time they have their hands in the till. Who is going to call for the arrest of the crook Xi to stand trial on corruption charges?