The WSJ has an interesting article about how wealthy Chinese are emigrating in search of better quality of life:
....And yet, while the party touts the economic success of the “Chinese model,” many of its poster children are heading for the exits. They are in search of things money can’t buy in China: Cleaner air, safer food, better education for their children. Some also express concern about government corruption and the safety of their assets.
After Xi Jinping's visit, and the large Chinese community already here, Ireland could be the place for them. It would be even more so if we could open up a big casino... one reason why Two Mile Vegas might have been a good option.As he toured the U.S., he wrote about it on his micro-blog (a Chinese version of Twitter) which now has more than 800,000 followers. He dwelt in detail on the relative affordability of a large house with a garden.
Some readers accused him of being anti-Chinese. But his sentiments are common among China’s wealthy, now estimated to include about one million millionaires (in dollar terms), and 150 to 300 billionaires, according to various studies.
Should we be actively courting these wealthy Chinese? Any downsides?



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