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Where Continental capitalists shuffle around in pairs (5)

Ross

I believe the answer is:

paris

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'where continental capitalists' is the definition.
The answer is a location as well as being a singular noun. This is suggested by the definition.

'shuffle around in pairs' is the wordplay.
'shuffle' becomes 'mix' (synonyms).
'around' indicates the central letters.
'in' means one lot of letters goes inside another.
'pairs' becomes 'pars' (I can't explain this - if you can you should believe this answer much more).
The central letter of 'mix' is 'i'.
'i' inserted into 'pars' is 'PARIS'.

Can you help me to learn more?

(Other definitions for paris that I've seen before include "foreign city" , "City where one may see the Mona Lisa" , "English chronicler" , "'''I love ... in the springtime'' (Cole Porter) (5)'" , "Continental capital" .)

I've seen this clue in the Evening Standard.
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