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Re: Top of Chinese wealthy's wish list? To leave China

By: DGpeddler in POPE | Recommend this post (0)
Thu, 08 Sep 11 7:15 PM | 99 view(s)
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Msg. 42871 of 65535
(This msg. is a reply to 42839 by Zimbler0)

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Guess they don't want to spread their wealth.




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The above is a reply to the following message:
Top of Chinese wealthy's wish list? To leave China
By: Zimbler0
in POPE
Thu, 08 Sep 11 5:55 AM
Msg. 42839 of 65535

http://news.yahoo.com/top-chinese-wealthys-wish-list-leave-china-065826880.html

BEIJING (AP) — Chinese millionaire Su builds skyscrapers in Beijing and is one of the people powering China's economy on its path to becoming the world's biggest.

He sits at the top of a country — economy booming, influence spreading, military swelling — widely expected to dominate the 21st century.

Yet the property developer shares something surprising with many newly rich in China: he's looking forward to the day he can leave.

Su's reasons: He wants to protect his assets, he has to watch what he says in China and wants a second child, something against the law for many Chinese.

The millionaire spoke to The Associated Press on condition that only his surname was used because of fears of government reprisals that could damage his business.

China's richest are increasingly investing abroad to get a foreign passport, to make international business and travel easier but also to give them a way out of China.

(Article does continue.)

Zim.


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