74% of China’s Rich Emigrate, a World Record, Outpacing War-Torn Russia and the Middle East

A recent report from China Merchants Bank and Bain & Company found that among 20,000 wealthy Chinese individuals with investable assets over 100 million yuan, 27% have already emigrated. Another 47% are considering it.
The fact that 74% of the super-rich have emigrated is truly astonishing. It’s a world record that even Russia or the unstable Middle East can’t compete with.
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