"China's Economy at Risk: The Growing Brain Drain of Millionaires"

China's economy is facing a brain drain as thousands of wealthy individuals, including high-net-worth entrepreneurs, have chosen to leave the country in recent years. The crackdown on business by President Xi Jinping, along with harsh regulations and economic malaise, has prompted these individuals to seek better opportunities and political stability in North America and western Europe. The emigration of highly-qualified and wealthy individuals poses a significant threat to China's economy, as it robs the country of key drivers for growth and innovation.