Bloomberg reports that China has decided to relax the epidemic prevention measures and is accelerating the outflow of the wealthy Chinese, and as these wealthy people put their cash on overseas real estate and assets, their outflow may also cause billions of dollars in capital outflows.Condition.
Bloomberg News reported on Thursday (26th) that the immigration consultant pointed out that after the relaxation of epidemic prevention measures in December last year, many rich Chinese people began to go abroad to inspect overseas real estate or finalize immigration plans.
The Canadian immigration law firm Sobirovs noticed that their urgency is getting stronger and stronger for Chinese customers who want to immigrate to Canada.Feruza Djamalova, a senior lawyer, said: "I would say, people have really been enough in the past six months, so we see that the number of consultation reservations has increased. Now our customers are from China, they are willing to relocate, they are willing to move, they are willing to relocate, they are willing to relocate, they are willingAnd want to relocate as soon as possible. "
The French Foreign Trade Bank (Natixis) Chief Economist Alicia Garcia Herrero pointed out that before the crown disease epidemic occurs, the Chinese people are caused by the Chinese people abroad.The amount of capital outflow reached about $ 150 billion (S $ 197 billion).Because the Chinese people have been unable to travel in the past three years, this number may increase in 2023.
Elero said: "China will face a large amount of capital outflow this year, which may form a pressure that affects RMB and regular accounts." If many people cannot withdraw funds, the capital outflow scale may be possible.It will not have a bigger than previous years, but it may still affect labor, productivity and growth.
The September report of Credit Switzerland shows that the number of super rich people in China is the second most in the world, second only to the United States.China has more than 30,000 people's wealth of more than 50 million US dollars.
The outflow of the rich in China began last year.According to data from the global data intelligence partner of Henley PARTNers, an investment immigration consulting company, New World Wealth shows that in 2022, about 10,800 wealthy Chinese immigrants were immigrated overseas, second only to Russia, and the most since 2019.