China's richest are increasingly investing abroad to get a foreign passport, to make international business and travel easier but also to give them a way out of China. The United States is the most popular destination for Chinese emigrants, with rich Chinese praising its education and healthcare systems. Last year, nearly 68,000 Chinese-born people became legal permanent residents of the U.S., seven percent of the total and second only to those born in Mexico. Canada and Australia are also popular.
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China's richest are increasingly investing abroad to get a foreign passport, to make international business and travel easier but also to give them a way out of China.
ReplyDeleteThe United States is the most popular destination for Chinese emigrants, with rich Chinese praising its education and healthcare systems. Last year, nearly 68,000 Chinese-born people became legal permanent residents of the U.S., seven percent of the total and second only to those born in Mexico. Canada and Australia are also popular.