80% of rich families send children abroad

Report shows that many parents prefer US, UK for kids even before college

Eighty percent of China's richest families send their children abroad to be educated, compared with 1 percent of Japan's richest families, according to research released by the Hurun Research Institute.

It is the highest percentage in the world. In France the number is less than 5 percent and in Germany less than 10 percent, said Rupert Hoogewerf, publisher of the report.