Conservative Political Forum

General Category => Financial => Topic started by: walkstall on September 15, 2014, 01:58:40 PM

Title: Chinese millionaires plan to leave in droves.
Post by: walkstall 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 (http://www.cnbc.com/id/102001188?__source=xfinity)|mod&par=xfinity
Title: Re: Chinese millionaires plan to leave in droves.
Post by: supsalemgr on September 15, 2014, 02:25:53 PM
Quote from: walkstall 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 (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.
Title: Re: Chinese millionaires plan to leave in droves.
Post by: walkstall on September 15, 2014, 02:38:29 PM
Quote from: supsalemgr on September 15, 2014, 02:25:53 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.