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Rich Families Leaving China

Rich Families Leaving China

A Consultation company recently released a report on data collected from 2000-2014 detailing movement of millionaires around the world during that time period.China had by far the highest number of millionaires leaving the country at around 91,000, with most of them heading to America, Hong Kong, Singapore and England. The report indicated that a majority of them left China due to its harsh tax system.The highest voted comment on the article highlighted a major problem the country faces, saying “If the rich haven’t already immigrated, they are preparing to do so.”
Source: Netease

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