64 percent of Chinese millionaires have moved from the country.
A recent report says 64 percent of Chinese millionaires have
moved from the country .
They also chose to move their wealth . United States became
their favorite destination .
Reports from Hurun , a company that focuses on researching
the rich people of China , as reported by Business Insider , Saturday, January
18, 2014 , said one-third of China's super rich people or those who have a
wealth of at least U.S. $ 16 million , has become immigrants .
These data provide an alarming picture associated transfer
of wealth in large numbers by the rich Chinese and their fate abroad .
Previous studies mentioned that the main reason the Chinese
rich people are leaving the country to pursue a better education for their
children , as well as to avoid pollution and overcrowding in urban areas of
China .
However , analysts said there are other reasons why many
rich Chinese who left the country , namely to protect their wealth .
Chinese government policies that crack down on corruption by
executing , making many people wealthy Chinese in which the source of their
wealth comes from the connection or support from the government , want to keep
their money in an asset or a state that are difficult to reach by the Chinese
government .
According Wealthlnsight , the total assets of the rich China
reached U.S. $ 658 billion are kept abroad .
Latest from Bain Consulting study found that half of China's
super-rich people with wealth of at least U.S. $ 16 million , have overseas
investments .
The transfer of wealth of the rich Chinese people it affects
a drastic reduction in the sales companies that sell luxury goods .
Hurun calls in the last year sales of luxury goods in China
fell 15 percent, the biggest drop in a decade and a half .
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