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China to see biggest millionaire exodus in 2024 as many head to U.S. (asia.nikkei.com)

submitted 7 months ago by [email protected] to c/[email protected]

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[–] [email protected] 5 points 7 months ago (1 children)

Yeah, is there some kind of meaningful drawback or are they just reducing inflation when this happens?

[–] Aux 1 points 7 months ago (1 children)

They're taking the economy, skills and knowledge with them. This is especially hurtful to a country like China due to their policy of restricting foreign investment.

[–] [email protected] 1 points 7 months ago (1 children)

I suppose this is a question of whether the HNWIs leaving the economy are taylor swifts or elon musks

[–] Aux -1 points 7 months ago

There's no difference really.