[Scythian]

China’s super-rich are eyeing the exit, New Zealand, Australia on radar

Financial Times
23 Jun, 2024 02:00 PM

Chinese millionaires and billionaires are trying to get out of the country. Photo / AP

Chinese call it “runxue” or “run-ology” — the study of escaping China and taking your wealth with you. The word plays on the English verb “run”, which sounds like a Chinese character “run”,
"
https://www.nzherald.co.nz/business/chin...2%80%9D%2C

[goodboy]

There is some truth to this, however we need to know more about numbers and percentages. There are always Chinese who migrate out of China every year. But as a percentage of the total?

[Scythian]

There is some truth to this, however we need to know more about numbers and percentages. There are always Chinese who migrate out of China every year. But as a percentage of the total?

After news of those 10 PRC arrested and jailed for money laundering in Singapore, no-one comes close to our shores..

Better be safe than sorry

[Bigbluedot]

Good news.

[Scythian]

Good news.

NZ and Australia are much .bigger than Singapore

Singapore is most boring country

[Scythian]

.
Singapore climate is never conducive to a relax atmosphere

[Niubee]

After news of those 10 PRC arrested and jailed for money laundering in Singapore, no-one comes close to our shores..

Better be safe than sorry

Those coming clean and long term thinker or stayer(not quitter) will be very welcome.

[Scythian]

Those coming clean and long term thinker or stayer(not quitter) will be very welcome.

Young Singaporeans serving 2 years NS just to protect their wealth..

[lvlrsSTI]

Weather too hot

[Niubee]

Young Singaporeans serving 2 years NS just to protect their wealth..

Just ??? No wonder u went away

[Scythian]

Just ??? No wonder u went away 

.
People found better things to do

""It does not matter how slowly you go as long as you do not stop."
~Confucius"

[lvlrsSTI]

China last year saw 13,800 high-net-worth individuals depart, mostly to the U.S., Canada and Singapore, the firm found.

https://asia.nikkei.com/Business/Markets...ead-to-U.S

[Scythian]

China last year saw 13,800 high-net-worth individuals depart, mostly to the U.S., Canada and Singapore, the firm found.

https://asia.nikkei.com/Business/Markets...ead-to-U.S

Singapore has a much better reputation than US

Why go there?

[lvlrsSTI]

Singapore has a much better reputation than US

Why go there?

Too small and weather too hot

[lvlrsSTI]

Surprisingly they are not moving to Australia and NZ. Other than the U.S., Canada and Spore, they move to Japan, Korea, HK, Britain and UAE.

[Scythian]

Surprisingly they are not moving to Australia and NZ. Other than the U.S., Canada and Spore, they move to Japan, Korea, HK and UAE.

Openly reported going to US but quietly so many  appeared in NZ and Australia

[Scythian]

Too small and weather too hot

Extremely Boring and Stereo place

[Jinwului]

.
Singapore climate is never conducive to a relax atmosphere

time to ban aircon sto stop global warming

[Scythian]

As reported 2024, Singapore do not provide best education and NUS was ranked 71 best university in 2023.

Even Indians are going home