Economics

High Numbers of Wealthy Chinese Seek to Emigrate

64 percent are leaving or looking to

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It's a favorite pastime: Americans worried about their country's direction love threatening to move abroad. "That's it, I'm going to Canada!" they say.

Of course, they almost never do.

In China, however, that's now no idle threat, especially for the rich.  

Amid a widening crackdown on corruption, China's wealthiest citizens are increasingly seeking a better life abroad.

The United States is their favored destination.