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There may be a bias due to the fact that the leaks are only from one law firm, which may have targeted regional markets. Business ties to Asia don't have to mea
by arnarbi 10y ago
There may be a bias due to the fact that the leaks are only from one law firm, which may have targeted regional markets. Business ties to Asia don't have to mean you were more likely to have offshore companies, but it may mean you were more likely to be a customer of Mossack-Fonseca.
- dmix 10y agoSeems that way. Looking at the addresses sections for various countries shows a much higher percentage of Chinese companies compared to other countries: 28,073 China 21,041 Hong Kong 6,860 United States 5,534 Russia 4,836 United Kingdom 4,125 British Virgin Islands 3,253 Indonesia 3,208 Switzerland 1,438 Brazil 1,312 Canada 828 India
- harryjo 10y agoThe ratio of HK to China is fascinating, considering their population, even wealthy population.
- garyrichardson 10y agoI suspect it's legacy from https://en.wikipedia.org/wiki/Transfer_of_sovereignty_over_Hong_Kong https://en.wikipedia.org/wiki/Transfer_of_sovereignty_over_H... -- as a Vancouver native there was a massive influx of people from Hong Kong into Vancouver all through the early to mid nineties. From wikipedia: Vancouver was among the most popular destinations, earning the nickname of "Hongcouver". Richmond, a suburb of Vancouver, was nicknamed "Little Hong Kong". And it's happening again today due to the slowing of the Chinese economy