The livelihoods of many Chinese people have improved as China's economy prospered, even after a global recession. However, many of China's wealthiest citizens are now heading overseas with their money, worrying those who think the mass emigration may affect the nation's economy.
According to the Chinese International Migration Annual Report 2012, China's wealthiest people have become increasingly interested in opportunities to invest capital overseas.
China's Globalization Research Center for Social Sciences documented China's wealth migration patterns in the International Talent Blue Book which said 27 percent of Chinese billionaires have already moved overseas, while an additional 47 percent are considering it. The recent trend has sparked what is called “investment immigration.”
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Reported by IBTimes 2 hours ago.
According to the Chinese International Migration Annual Report 2012, China's wealthiest people have become increasingly interested in opportunities to invest capital overseas.
China's Globalization Research Center for Social Sciences documented China's wealth migration patterns in the International Talent Blue Book which said 27 percent of Chinese billionaires have already moved overseas, while an additional 47 percent are considering it. The recent trend has sparked what is called “investment immigration.”
Read More on International Business Times
Reported by IBTimes 2 hours ago.