China's rich

Almost half of China's wealthy covet foreign passports

Some 60% of rich Chinese want to emigrate to protect their wealth and the US and Canada are their preferred destinations.

<div style="text-align: left;"> China's rich are heading for the airports (ImagineChina) </div>

Lillian Liu

November 03, 2011

Despite the financial turmoil in the US and Europe, almost half of China’s rich are considering moving to the developed world to protect their wealth, educate their children and retire, signalling a lack of confidence in China’s rapid economic growth.

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