Growing Numbers of Wealthy Chinese Leaving China

A significant trend is emerging in China, with growing numbers of wealthy Chinese leaving the country. Chinese students are showing a higher demand for attending international schools abroad, and thousands of Chinese millionaires are emigrating to other countries each year. Surprisingly, wealthy Chinese students are not seeking out countries with more economic freedom, as evidenced by reduced numbers of Chinese students attending American colleges and universities. Additionally, China's centrally planned economy appears to be stalling, leading to the cessation of unemployment statistic publication for young workers. Although it may seem like a story of Chinese citizens leaving an oppressive country for a more free one, the data and trends suggest a more complex picture.