What's new

'Exodus' of Chinese riches and Brains

Avalonia

FULL MEMBER

New Recruit

Joined
Dec 23, 2012
Messages
17
Reaction score
0
source : http://www.hankyung.com/news/app/newsview.php?aid=2012121804141(Korean)

(2012-12-18)

<Summary>

Massive number of Chinese riches and Elites move abroad. it's mostly investment immigrant, which pays large amount of cash on immigrant destination so, pointed that China's wealth and useful manpowers getting out of it. according to &#20013;&#22283;&#26032;&#32862;&#32178;(Chinese press), more than 150 thousands of Chinese businessman immigranted.

according to this survey, 27% of Businessmans have asset more than 100mio yuan already immigranted and 47% are consider of it and more than 60% of have more than 10mio yuan immigranted or considering.

....

according to this report, 2.24mio persons studying overseas, but only 0.818mio persons come back to the China. Wang Huiyao says "global average homing rate of international student's 50~60%, but China marked only 36.5%. Brain drain is in bad condition."

in last year, more than half of total number of Chinese immigrant aheaded to the U.S, fellowed Canada, Australia, NZ. Chinese accounted more than half of US's invest immigrant and 75% in Canada and 60% in Australia respectively.

Main reason they go abroad is education of children. according to this survey, more than 80% of respondent choose Child education as direct reason. they pointed "Chinese Universities turn out only students have neither creative nor imaginative." and "their is only 12 out of world's top 500 universities in China"

even 43% of respondent said go abroad for protect own assets. a number of Chinese riches want to move western countries because of anxiety on possiblity of PRC government forfeit it. above this, high living standard, fertile multiple childs and low tax-rate considered as reason of immigrant to western countries.
 

Latest posts

Pakistan Affairs Latest Posts

Back
Top Bottom