The reasons behind the data of China s wealthy class who have fled abroad are thought provoking

Mondo Entertainment Updated on 2024-02-20

On the January 31, 2024, issue of ChinaStreet**, the newspaper said that Indians and Chinese who illegally entered the United States increased dramatically in these 2 3 years.

The fact that many people have fled, makes one wonder whether it is appropriate to call the rise of a superpower. Experts describe the present as the "Asian century."

It is believed that India's economic rise will end 500 years of Western dominance.

India accounts for the majority of the world's migration. If the prosperity and stability of the country are guaranteed, why would many people, including the highly educated and the affluent, want to go abroad?

In 23 years, 97,000 Indians and 53,000 Chinese were found to enter without passports.

This is more than 21 times that of Indians and more than 2 times that of Chinese. Last year, about 55,000 Chinese and about 69,000 Indians received one or two years of practical training after graduation, with the goal of finding employment in the United States.

Indians are now the second largest immigrant group after Mexicans. The Chinese are in third place. These patterns of migration have weaknesses that were easily overlooked by Asian-century believers.

One of them is the loss of the "affluent class". A thriving environment usually attracts capital and talent.

In 22 years, China lost 10,800 billionaires. In second place is Russia with 8,500 people, and India is in third place with 7,500 people.

For a long time, Chinese were granted investor visas that allowed more permanent residency in the United States than any other country.

India's mismanagement has led to an exodus of wealthy and highly educated talent.

They want to escape polluted cities, harassment from tax authorities, poor public health programs, and rudimentary urban infrastructure.

Last year, Indians received the second-highest number of investor visas. The fact that so many Indians have broken away from what is considered a superpower raises questions about how inevitable the rise of the two countries really is.

As of June 23, there were about 3.22 million foreigners living in Japan.

The Chinese are in first place, about 790,000, the second is Vietnamese, about 520,000, and India is about 460,000 people are classified as "other".

2024 Book of Answers The number of foreign residents in the country has increased by about 1.15 million since 10 years ago, making up for about one-third of the decline in Japanese residents. In addition, as of October 23, there were about 2.05 million foreign workers working in Japan, an increase of about three times in the past 10 years.

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