China's wealth exodus accelerates with end of COVID zero
The end of Covid zero is threatening a brain drain in the world’s second-largest economy as well as an exodus of billions that will put pressure on its markets.
Source: theage.com.au
Denny Ko News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Denny Ko. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Denny Ko Today - Breaking & Trending Today
China's wealth exodus accelerates with end of COVID zero
The end of Covid zero is threatening a brain drain in the world’s second-largest economy as well as an exodus of billions that will put pressure on its markets.
Source: brisbanetimes.com.au
Exodus of wealthy Chinese accelerates with end of COVID zero
President Xi Jinping’s decision to dismantle COVID travel restrictions is accelerating an exodus by wealthy Chinese, who could fuel billions of dollars in capital outflows as they plough cash into property and assets abroad.
Source: afr.com
Exodus of wealthy Chinese accelerates with end of Covid Zero
(Jan 26): President Xi Jinping’s decision to dismantle Covid travel restrictions is accelerating an exodus by wealthy Chinese, who could fuel billions in capital outflows as they plow cash into property and assets abroad. Since the end of Covid Zero in December, many rich Chinese have begun traveling overseas to check out real estate or firm up plans to emigrate, immigration consultants said in interviews. That’s threatening a brain drain in the world’s second-largest economy as well as outflows that could pressure its financial markets.
Source: theedgemarkets.com