China’s crackdown  leave wealthy in crisis mode, and some are looking for an escape route

• Beijing’s ‘common prosperity’ movement calls for citizens to share the wealth
• Studies suggest that investor sentiment is becoming more cautious in China, and the public’s willingness to give birth remains sluggish

Wealthy and middle-class Chinese families have long shared a common perception of what constitutes a successful life.

At the forefront of those criteria are the ownership of a home – an asset that will continue to appreciate – and the means to provide their children with a better education than most of their peers receive, with an eye on being admitted to a prestigious university.