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

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
14. August 2025
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)

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Last updated: 14. August 2025

Renminbi Kryptowährungen Migration KP Chinas Wirtschaft Rechtsstaatlichkeit Gesellschaft