Author Topic: Chinese millionaires plan to leave in droves.  (Read 783 times)

Offline walkstall

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Chinese millionaires plan to leave in droves.
« on: September 15, 2014, 01:58:40 PM »


Nearly half of Chinese millionaires plan to move out of the country in the next five years—a flight that could add to worries over the country's economy, as more money moves offshore rather than being invested or spent in China.

 According to a study from Barclays and Ledbury Research, which polled more than 2,000 people worth $1.5 million or more from 17 countries, 47 percent of Chinese millionaires plan to emigrate, while another 20 percent said they don't know if they will move.


more @
http://www.cnbc.com/id/102001188?__source=xfinity|mod&par=xfinity
A politician thinks of the next election. A statesman, of the next generation.- James Freeman Clarke

Politics is supposed to be the second-oldest profession.  I have come to realize that it bears a very close resemblance to the first.  ~ Ronald Reagan ~

Always remember "Feelings Aren't Facts."

Online supsalemgr

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Re: Chinese millionaires plan to leave in droves.
« Reply #1 on: September 15, 2014, 02:25:53 PM »

Nearly half of Chinese millionaires plan to move out of the country in the next five years—a flight that could add to worries over the country's economy, as more money moves offshore rather than being invested or spent in China.

 According to a study from Barclays and Ledbury Research, which polled more than 2,000 people worth $1.5 million or more from 17 countries, 47 percent of Chinese millionaires plan to emigrate, while another 20 percent said they don't know if they will move.


more @
http://www.cnbc.com/id/102001188?__source=xfinity|mod&par=xfinity

The communist leadership in China recognized that in order for the economy to flourish they had to allow some capitalism. Now, they can't put the toothpaste back in the tune.
"If you can't run with the big dawgs, stay on the porch!"

Offline walkstall

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Re: Chinese millionaires plan to leave in droves.
« Reply #2 on: September 15, 2014, 02:38:29 PM »
The communist leadership in China recognized that in order for the economy to flourish they had to allow some capitalism. Now, they can't put the toothpaste back in the tune.


I feel we will see this all over the world more and more as time go on.  There more and more people looking for something for nothing.
A politician thinks of the next election. A statesman, of the next generation.- James Freeman Clarke

Politics is supposed to be the second-oldest profession.  I have come to realize that it bears a very close resemblance to the first.  ~ Ronald Reagan ~

Always remember "Feelings Aren't Facts."

 

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