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Observes note that the massive Chinese millionaire emigration could prove to be an "additional cash flow for the fund starved economies of Europe and the United States, and substantial diversion of wealth from China."

Hu Xingdou, a Beijing based scholar told a Hong Kong newspaper that the lack of legal protection in many areas is probably leading to the worsening of business environment in China and the acceleration of the emigration drive.

“If the cash fails to flow back to the mainland due to recession, Chinese economy might face a collapse,” Hu warned.


China's young millionaires consider emigration - www.phayul.com
www.phayul.com