Despite the election of Donald Trump, increased immigration barriers to the US and increased animosity between China and the US, the US is still the top destination for rich Chinese leaving their country, says China Rich List researcher Rupert Hoogewerf. Although the number of rich leaving their country is dropping, he tells the South China Morning Post.
China’s erstwhile “peaceful rise” has been less peaceful over the past years. Will China face a pushback from its neighbors, asks former foreign correspondent Mary Kay Magistad author Howard French of Everything Under the Heavens: How the Past Helps Shape China’s Push for Global Power in a wide ranging interview about his book in PRI.
US-president Donald Trump is hitting world trade like an unguided missile and many investors wonder where to put their money now China seems next on his agenda, says Shanghai-based business analyst Shaun Rein in the South China Morning Post. “(Trump) likes to use chaos in order to negotiate.” Australia and Europe could be winning.
Leading business analyst Shaun Rein has been selected by CPA´s in Australia as on of the top-10 daring thinkers of 2016. Author of The End of Copycat China: The Rise of Creativity, Innovation, and Individualism in Asia, his thoughts on China´s innovative road into the future has triggered off his selection, reports InTheBlack.com.
The trend of China´s rich planning migration to other countries has increased to 60 percent in 2016, according to the latest report by the Hurun Rich list. A weaker currency and fear for a collapsing domestic real estate market are the main reasons, Hurun founder Rupert Hoogewerf tells in the South China Morning Post. The US topped the list, followed by Britain, Canada, Australia and Singapore.