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The European Central Bank (ECB) is the central bank of the European Union countries which have adopted the euro. Our main task is to maintain price stability in the euro area and so preserve the purchasing power of the single currency.
They’re using tax havens to raise foreign money — and neither Beijing nor Washington is happy about it.
Last year marked an inflection point for myriad historic global Bubbles. Find out more.
U.S. and European investment into mainland China has largely been channeled through offshore vehicles set up by Chinese companies in tax havens.