The Secret Behind the Mysterious Exodus of Chinese Billionaires

China Insider TV
242 followers
"During the economic boom since 2012, China minted nearly 240 billionaires, who accumulated assets over $10 billion, — double the number in the U.S. But everything changed after Jack Ma’s infamous 2020 speech.
In the past two years, nearly 25,000 of China's wealthiest citizens have packed their bags and left the country. But why are the richest of the rich fleeing their homeland?
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00:00 - Intro
00:53 - Nobody Wants to Be the Richest Person in China
03:34 - ‘Common Prosperity' is Driving China’s Wealthy to Flee
06:31 - Has ‘Common Prosperity' Become ‘Common Poverty’ in China?
#xijinping #anticorruption #CCP"
In the last two years, nearly 25,000 people from China's poorest cities have returned and left the country.
But why do so many people flee their lands?
And as reported by the report on the transformation of China's new financial institution,
In 2024, protected by the US Department of State,
Henley Partners estimates that as many as 15,200 people will follow this tradition by 2024.
What's happening in China that we don't see?
Follow me as we find out the real reason for this huge money transfer.
And what it could mean for the national plan.
Before we start, I have a quick answer.
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Theo Liberty Times, and the other two.
Tài Quan, Ruchiya Sharma has just said
In the report very much
That something not normal is happening in China.
Thank you Fatherland,
with the help of Xi Jinping,
And a strong ability
Strong in China is not a strong possibility,
It's a problem.
So,
I don't want to be a strongman in China anymore.
Sharma,
The Rockefeller International Foundation is a nonprofit organization.
a help for large networks and
As the Wall Street Journal, the Financial Times
and the New York Times
Take an example.
Chinese political support.
Colin Huang, I'm here to see you.
organization of the family e-commerce, Pinduoduo
Become a strong person in China in August,
help for the big networks.
But one day, Pinduoduo
You have a strong ability.
with a plan to destroy.
Countries that have used energy
Help me with 14 million dollars.
From Huang's plan to destroy.
They quickly lost their position.
help me with Zong Xiaoshan,
The organization of Nongfu Spring.
But here's the result.
24 hours a day,
Nongfu Spring also reported
And Zong has been destroyed.
This plan.
You destroyed a lot of reports.
With many guards
That China is a strong country
They're destroying their values.
to avoid becoming a target
Under the plan of destruction of the nation.
Quay back in 1970
Deng Xiaoping was killed.
Reporting
You have destroyed my values.
Report that the value is great.
Trung Quốc has changed
to capitalism,
But when
In 2000,
Have a plan.
Don't put your value on me.
The damage is worth $1 million.
In 2010,
Some high value value
You have destroyed it.
To the highest degree of destruction.
It becomes clear
The value of China
You've destroyed the value.
In 2012,
Deng Xiaoping has destroyed
It's worth a million dollars.
It's been destroyed.
But when the plan is easy,
The value of the value has been easy.
And immediately,
A valuable wreck.
destroyed a treasure worth a million dollars.
In the destruction of values,
China has destroyed
The value of the house is worth 1 million dollars.
But everything has changed
As Jack Ma said
In 2020,
When he was in the
I ran into valuables.
Report and
It can destroy technology.
He's got a body.
The Chinese stock exchange.
While the damage is worth $1 million,
A value of 1 million dollars has been destroyed.
And the damage is worth a million dollars.
I destroyed it.
In the year 2021,
Minister Xi Jinping has developed
A community struggle
between very special and very cheap
In China.
It looks good, doesn't it?
But this is a call to many people to see.
Cheaper people don't get cheaper,
When you're very cheap, you're very cheap.
Today, in China,
It seems too cheap to be a mistake than a good word.
Nothing just creates a feeling of joy,
It also sets a target on you.
So, you have enough energy to take the next spot?
Leave your thoughts in the speech.
So, you wanna be on top?
And what about the energy?
Or do you like to run under the report?
When the speech begins,
The best developers
China has been searched.
Meanwhile, the people are very cheap
Are you losing your mind in technology?
It's like a standard tin can.
And a standard network is looking for.
After 3 years,
Your standard network is very cheap.
It's become very famous.
Your fuel is very cheap.
Your train is very cheap and
I've hit 15,000 in the last year.
Standard class is very cheap
Has become very famous
To be avoided too easily.
To understand the truth
Let's face the US
- It's India.
In the US, standard network
I'm developing a development.
In India, the standard network
I'm setting standards for my daughter.
But in China, the standard network
I'm doing everything to avoid the sun.
And surprisingly, the name is very cheap.
And there are more.
I'm in the middle of something.
of the world war of the United States China
When you wake up, you'll be burned.
I'm asking for 100%.
Many artists
will disappear from the water
Before it's time.
Dominick Volik, this is Dominick.
Former guest
at Henley Partners,
The manager is responsible for the connection.
For the people of the world
The EU, Canada, Singapore and Japan will be represented.
And what about Hong Kong?
No number six.
So, what do you think?
Assessment by the United States Government
Or just build the strongest people of Hong Kong?
Let's talk about it in the comments section.
The US government's assessment of the situation has become difficult to comment on in China?
Three years ago,
President Xi Jinping has destroyed the business plan
difficulty in commenting on the US government,
But when I come back today,
And many people in the U.S. government business
I've realized that
business commentary of the United States government
Could mean something else,
It's like watching the U.S. government destroy business.
In addition,
The business commentary of the US government has become difficult to comment on.
And with the assessment of the strongest people,
Many people are leaving the U.S. government business.
The United States government's assessment plan
It has created a lot of doubts.
Doctor Lai Rongwei, I have a question for you.
The centre of the Communist Party of China
and doctors at Luân Hoa,
I said that
It's become difficult to comment.
It's not a destruction,
It's destroying people.
But it got worse.
Doctor Lai said that,
Business commentary by the US government
Become difficult to comment,
public standard
and public standards
will destroy the raw materials
the destruction of people,
Then they will be destroyed.
Type as standard
The standard
to live.
The name of the person concerned shall be:
Central business
Other
I said,
If it's a business,
The United Nations, the United Nations is at the bottom, not the middle.
We're looking at a United Nations, this is not about sharing a United Nations.
Do you think Xi has a different problem?
The main objective of the programme is to promote the development of financial communication.
He prefers to block the most ordinary documents, which is why documents in technology are being destroyed.
Another means Xi wants to put people into styles that are approved by the government as products.
In the new year, we've seen a shift in schools, schools into challenges,
the choice of normal cases as material and the choice of development,
In the product, economy and technology money is rising.
I think this is exactly what the Xi government wants.
So, what happens to China's economy when some of its normal resources are dumped?
Dr. Chien Yuen Seng, from the Ministry of Finance of China and China,
The reception of raw materials is important.
There's also a money transfer.
When these ordinary people move their money out,
It can face the technological development of China,
Especially when it comes to research, development and documentation in organisational settings,
as materials and AI.
There's also a development fund.
These documents are not just ordinary documents,
They also have important material on the rules of China,
Especially when you talk about a country,
The country has a capitalist system.
As Ph. Chien Yuen Seng said,
Many of these documents are material of national and governmental importance.
In addition, the development of raw materials will develop the organization of the trust.
about the future of the nation,
It can be used to develop the government's stability.
This document may be developed by
The Chinese government and the Chinese intelligence services.
So, the big question is,
How China will look like
When will China's memorial plan continue to move?
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