1/3 of wealthy Chinese moving abroad

0 Comment(s)Print E-mail CRI, January 4, 2013
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A new Chinese report on migration now shows that one-third of rich Chinese people, with a net worth of more than 16-million-U.S-dollars, has emigrated overseas.

According to the first annual Report of Chinese International Migration, many of China's super-rich have singled out a better education system in the West as the main driver of moving abroad.

As a result, the report has raised concerns over a capital and brain drain prompted by the exodus of the country's wealthy and young talent population.

Now for more on the China's migration, CRI's Zheng Chenguang spoke to Dr. Wang Huiyao, Director General of the Center for China and Globalization and co-author of the Annual Report of Chinese International Migration.

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