CCP’s Nightmare Is Coming! 13,500 Tycoons Flee China, $48 Billion Taken Away, Highest Number Global

In recent years, China’s wealthy individuals have been continuously leaving the country, leading to a surge in the number of emigrants. On June 13th, Henley & Partners, a UK-based consultancy specializing in investment migration, released the 2023 Henley Private Wealth Migration Report. According to the report, it is projected that in 2023, approximately 13,500 Chinese high-net-worth individuals with assets exceeding one million US dollars will emigrate, ranking China first in terms of the number of emigrants globally. This figure represents an increase of 2,700 individuals compared to the previous year, once again breaking records for wealthy Chinese immigrants. Why are so many Chinese billionaires choosing to emigrate overseas? Let’s first look at a story recounted by a private business owner. #tycoons #chinaeconomy #chinaobserver All rights reserved.