Many of China’s wealthy are fleeing their home country and settling in the United States, where better schools and other opportunities await.
The 2012 Annual Report of Chinese International Migration shows immigration from China is growing, with most heading to the U.S. Nearly 90,000 Chinese became permanent U.S. residents in 2011.
The migration includes a significant number of rich Chinese. At least 25% of those worth more than $16 million have fled the country, and nearly half of this group (47%) is thinking of leaving, according to the report. Continue reading “Rich Chinese Flee to United States…and Bring Their Money with Them”

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