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Feature | Gesellschaft
Published on: 14. August 2025

Capital flight: Why wealthy Chinese are turning their backs on their homeland

photo illustration, a row of 100 - yuan Renminbi banknotes is displayed
According to an analysis by Henley & Partner, Chinese millionaires prefer to emigrate to Hong Kong, Japan and Thailand. (IMAGO / SOPA Images)

Every year, thousands of wealthy Chinese leave their home country, draining the Chinese economy of both investment and skilled labor. Some seek refuge in Germany – in some cases, by illegal means.

Manuel Changming Liu

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Last updated: 14. August 2025

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