วันอาทิตย์ที่ 12 กุมภาพันธ์ พ.ศ. 2555

Yuan drain as China's rich move west

Up to half of Chinese millionaires are considering emigrating for better education, cleaner air and greater stability

Sherry Wang lacks many things about China. It took some time getting used to Western food, and the day of communication is more difficult days, and order products, even in a convenience store can be a struggle

However, the wealthy entrepreneur does not regret his decision to emigrate to North America two years ago.

education system "makes my son happy every day," he said, encouraging personal development, as opposed to the rigid Chinese schools in the votes. And the family does not care about the safety of their food.

Election

Wang is part of a much larger trend: China's wealthy seem to be increasingly willing to go west. Nearly half of China's millionaires are considering moving abroad, according to a survey recently published by Hurun - best known for publishing a list of China's rich -. And the Bank of China

The report found that 46% of 980 respondents had thought of emigrating, 14% had been or applied to do so. Most wanted better education for their children. The results coincided with research by China Merchants Bank and consultancy Bain, this spring suggesting that over a quarter of the population with more than 100 yuan (10 million pounds) had moved abroad and almost half of them plan to do so.

desired immigration status of many investors, granting residency rights to those who make large investments.

"After doing a decent economic base, of course, people tend to move to places where a better quality of life is available," said Wang

entrepreneur Eric Wen, whose family is considering a move to Shanghai in the U.S. or Canada, agreed: ". The biggest motivation is the quality of life and the environment education of my children, especially the air quality is much better in these countries, "he said.

Rupert Hoogewerf, Hurun acknowledged that some were nervous about the stability, especially before the transition of power to a new generation of leaders next year. However, he suggested that people seemed to be looking for an "insurance policy", noting that some of the rich Chinese wanted to share their passports.

While some think another nationality may help protect "ill-gotten" wealth, most trying to get residency rights. "We are concerned about social unrest and economic and political potential -. But growth is much greater than the economic potential This is the fastest growing [could work] ... and this is the place they know best, "said Hoogewerf


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