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Rich Chinese Anxious to Leave China

 
waterlily
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User ID: 51323695
United States
03/16/2014 02:55 PM
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Rich Chinese Anxious to Leave China
China is experiencing a drain of wealth as entrepreneurs are leaving the country, taking billions of dollars to safer shores.

“We will feel safe only when we leave; it’s hard to say what will happen in mainland China,” are words often spoken by rich Chinese.

Most private enterprise entrepreneurs are ready to emigrate at any time. Anxiety over the uncertainty of the ruling communist Party’s policies is the major reason given. Their children’s education and a better living environment used to be the main attraction to emigrate, now they’ve become a secondary factor.

An investigation by the Shanghai Entrepreneur Association, one of the most influential non-government associations of commerce in Shanghai, and the Horizon Research Consultancy Group, targeted 150 private enterprises in mainland China. The report found that Chinese private entrepreneurs’ sense of security only scored 6.09 out of 10 in 2013. Uncertainty caused by policy fluctuations was the main reason given by 31.5 percent of them.

[link to www.theepochtimes.com]
*********** WaterLily ***********
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Anonymous Coward
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03/16/2014 02:57 PM
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Re: Rich Chinese Anxious to Leave China
Of course they are. The only reasons China has come up in the industrial world are corrupt central control and near slave wages.





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