Big Take
Chinese Emigrants Are Choosing New Destinations - and Transforming Them
Mar 1, 2024
Chinese emigrants are choosing new destinations due to China's economic slowdown and pandemic handling. The podcast explores the impact on destination countries like Thailand, Vietnam, and New Zealand. It also discusses the effects of common prosperity policies and the anxieties of the middle class regarding social advancement.
12:40
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Quick takeaways
- Chinese middle-class leaving due to economic shifts and policies like common prosperity campaign.
- Chinese immigrants exploring new destinations beyond traditional countries due to incentives and rising tensions in host countries.
Deep dives
Reasons for Middle-Class Chinese Emigration
Middle-class Chinese are leaving China due to economic shifts and government policies like the common prosperity campaign. President Xi Jinping's focus on common prosperity has led to crackdowns in various industries causing concerns among the affluent. Policies restricting online gaming and targeting tech giants have impacted real people, leading to an economic downturn. This, coupled with the pandemic's effects, has prompted many to seek opportunities abroad.
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