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In Depth: Inside the U.K.’s China-Linked Shell Company Factory

By Yue Yue
2026年02月26日 17:12
Three service providers registered thousands of ‘British’ companies for overseas clients, surfacing in cross-border crimes and exposing regulatory loopholes
A metal structure beneath a viaduct in East London’s Docklands houses a unit registered as the address for nearly 10,000 “U.K.” companies. Photo: Yue Yue/Caixin

(London) — More than 11,000 “British” companies — most linked to China — were incorporated or serviced by a network of three corporate secretarial firms that were later ordered into compulsory liquidation, the U.K. Insolvency Service said on Feb. 5.

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