Economy

Wealthy Chinese ramp up efforts to shift fortunes overseas

Singapore the big winner from Beijing's inequality and COVID policies

PAK YIU and ECHO WONG, Nikkei staff writers
February 12, 2023 12:50 JST

HONG KONG -- In the aftermath of draconian COVID-19 curbs, China's rich are stepping up efforts to shift their fortunes offshore, a move also spurred by fears that Beijing's drive to narrow wealth inequality could adversely impact them.

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