Tuesday, June 13, 2023

China millionaire exodus to continue in 2023

 China Is Biggest Loser of Millionaires Globally, Report Says - Bloomberg 

China millionaire exodus to continue this year: report

Emigration forecast to reach 13,500 as Xi clamps down, economy slows
The Super-Rich Chinese Emigration Market and How to Attract Investment? -  Marketing China

HONG KONG -- An exodus of Chinese millionaires is expected to continue this year, according to a new report by investment migration consultancy Henley & Partners, as the economy slows and the government tightens political controls.

China is expected to see a net outflow of 13,500 high net worth individuals this year, extending the loss of millionaires in the past decade, according to the Henley Private Wealth Migration Report.



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