Majority of rich Chinese look to invest overseas
By Zheng Yiran | China Daily | Updated: 2018-09-27 07:53
Top reasons include children's education, asset portfolio diversification, wealth preservation and appreciation, survey finds
When the United States stock market opens every week, Jessica Liu checks on her portfolio. With an investment of $10,000 in the overseas stock market, she also owns real estate worth $5 million in Canada, where her son is studying, which costs $150,000 a year.
Liu is a typical example of China's high net worth individuals - people with a net wealth of over $1 million - investing overseas.
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