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We prefer America
Over half China’s rich want to live abroad. Week in China reports. November 11, 2011 -- With the economic climate looking grim, recent graduates in Europe and North America could be forgiven for wondering if they should consider China for employment, as one of few places where fortunes still might be made. So it is something of a paradox that some of the wealthiest Chinese continue to dream of travelling in the opposite direction – and leave the country. A survey of 980 of the country’s high-net-worth individuals co-published by the Hurun Report and the Bank of China late last month showed that 60% were either emigrating or considering doing so.
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