RUN Is Still Ongoing! Both the Wealthy and Elites Are Fleeing; China’s Economy Is Finished

RUN Is Still Ongoing! Both the Wealthy and Elites Are Fleeing; China’s Economy Is Finished

RUN Is Still Ongoing! Both the Wealthy and Elites Are Fleeing; China’s Economy Is Finished

More than two-thirds of China's wealthy individuals wish to emigrate, and this number rises to 70% among those whose assets exceed 100 million. So, why are China's rich so eager to immigrate? A blogger specializing in immigration affairs provides a thought-provoking answer: Though these rich individuals have considerable wealth in China, there are many things money can't buy. However, money can buy immigration. Therefore, once their wealth reaches a certain level, they start seeking a higher quality of life. This quality includes not just material possessions, but also spiritual fulfillment, environmental comfort, food quality, safety, freedom, and mental tranquility. These factors mainly drive the rich to emigrate overseas. While one might question the character of the wealthy, their discernment cannot be doubted. Their concerns mostly revolve around maintaining the value of their assets, tax optimization, and the education of their children. For instance, setting up an offshore structure for a 10 million income could save millions. Wouldn't you do that? Furthermore, securing foreign citizenship allows their children to study at top educational institutions in China with lesser requirements. Hence, it's time to stop saying things like "Who would want to leave if we are strong?"