'In China, a politician was revealed to have established an offshore firm to trade U.S. stocks away from prying eyes.... Feng's company held $2 million in assets and was registered with the U.S. Securities and Exchange Commission but is currently inactive. In 2019, Feng recommended “stricter laws to prevent corruption and white-collar crime involving private companies"' (yahoo.com, 4 October). The only thing surprising about this revelation fro the Pelican Papers is the paltry sum involved. Consider, the '..estimated net worth of the 153 members of China's Parliament and its advisory body amounts to $650 billion (consortiumnews, 28 July 2020)! Clearly, 'China is now an integral and irreplaceable part of global capitalism' (consortiumnews, 28 July 2020) and in competition with other countries, such as the US, over trade routes, resources and areas of domination. '