Friday 5 June 2020
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scmp - 14 days ago

Coronavirus: wealthy Chinese families say pandemic has eroded appetite for overseas schooling and investing

The coronavirus pandemic could permanently change wealthy Chinese families’ plans to send their children to study abroad or to use investment vehicles to emigrate overseas, according to a series of interviews with families in the mainland.A mix of pandemic-based problems for China’s urban rich, including the sudden uncertainty over future incomes, the health risks of living abroad, and China’s deteriorating image in Western countries, have forced many to reconsider, if not totally give up,…

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