Global Millionaire Migration: China and UAE in Focus
TL;DR Summary
China is expected to witness a net outflow of 13,500 high net worth individuals this year, as per a report by Henley & Partners. The exodus of Chinese millionaires is expected to continue due to the slowing economy and tightening political controls by the government.
- China millionaire exodus to continue this year: report Nikkei Asia
- China Faces World's Biggest Millionaire Exodus as Economy Slows Bloomberg
- Millionaires are fleeing China at a faster pace as the economy fizzles Markets Insider
- UAE to attract 4,500 millionaires in 2023, mostly from India, UK, Russia, Pakistan Khaleej Times
- China Will Lose the Most Millionaires of Any Country This Year: Report Robb Report
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