(New York News) Under factors such as economic slowdown and populism, the number of people's net movement in China has rebounded again after the epidemic. It is expected that more than 300,000 people will be in 2022, which may have hidden concerns for China's future development.
According to the Wall Street Journal report on July 5, it becomes easier to leave the country with the cancellation of the epidemic prevention and control measures.
Reporting quoting UN data pointed out that China's net movement has remained at about 500,000 people in the first few years of the 21st century. Since 2008, due to the strong growth of China's economy, it fell sharply to 125,000 in 2012.; 2017 has increased year by year, until 2019 will exceed 300,000.
Although the number fell again during the epidemic, according to forecast, the population of China's net movement in 2022 will return to 300,000.
The number of relocation of high net worth people in China also meets the above trends.According to data from Henley Partners, New World Wealth Corporation and International Investment Immigration Consulting Company, in 2019, more than 15,000 high net worth people with more than 15,000 assets of US $ 1.35 million) moved out of China. It is expected to return to 10,000 in 2023 to 10,000.3,500 people.
Reporting analysis, this tide of relocation is related to China's weak economic growth, populist rises, rising youth unemployment rates, increased educational number of workers, and weak employment growth in service industry.
But the report also said that the move to move out is not necessarily a bad thing.High -net -worth individuals move out may show that wealth creation is accelerating, and capital and technology can also return to China.
