Many of China's super-rich plan to leave country
Alarmed at the slowing economy, fear of higher taxes on income and profits and the increasing dominance of the state sector, thousands of super-rich Chinese want to leave the country.
A research report by Henley & Partners, an investment migration consultancy, said that about 10,000 high-net-worth individuals wanted to leave China in 2022, taking US$48 billion with them. These are classified as people with assets from US$1 million to US$30 million. ...