Chinese people overseas - Statistics & Facts

Published by Agne Blazyte, Dec 13, 2018
As one of the world’s largest emigration countries since a decade, China is also the country with the biggest outflows of high net worth individuals in the world as of 2015. Many Chinese people have emigrated from the country in search of better living conditions and educational chances. According to statistics, the most popular immigration destinations for Chinese millionaires as of 2017 continued to be the U.S., Canada and Australia. The increasing number of Chinese emigrants has benefited from loosened migration policies. On one hand, the attitude of the Chinese government towards emigration has changed significantly. Overseas Chinese are considered as strong supporters for the overall strength of Chinese culture and international influence. On the other hand, migration policies in the United States and Canada are changing with time, expanding migration opportunities for non-European immigrants. In 2016 alone, the number of people from China naturalized as U.S. citizens had amounted to around 35,794 people, while nearly 81,772 had obtained legal permanent resident status as “green card” recipients. However, the mass emigration is starting to cause a severe loss of homegrown talents and assets. The problem of talent and wealth outflow has raised pressing questions to the Chinese government, and a solution to this issue is yet to be determined.

Another major group of the overseas Chinese are international students. During the period between 2006 and 2016, the population of Chinese students studying abroad has witnessed a steady growth, increasing from around 134,000 in 2006 to approximately 544,500 in 2016. The millionaires mostly prefer to send their children abroad during the high school period. Many rich families consider to migrate in the hope that their children could integrate into overseas life as soon as possible.
Even though the leading overseas universities for Chinese millionaires' children have always been those in the U.S., Europe, Canada and Australia, the majority of Chinese nationals who were living overseas were still in Asia. Indonesia for example, was the country with the largest number of overseas Chinese, with approximately seven million Chinese expatriates. In 2015, China's outward FDI flows to ASEAN countries totaled around 14.6 billion U.S. dollars, while the FDI flows to the European Union was roughly 5.5 billion U.S. dollars for the same year. Overall, the volume of net overseas direct investments (ODI) from China went straight up between 2011 and 2016.

Further more, the Chinese tourism market has transformed into one of the world's most-watched inbound and outbound tourist markets. For outbound tourism, spending of Chinese outbound travelers reached approximately 261 billion U.S. dollars in 2016. The same year, approximately 135.1 million outbound journeys of Chinese citizens were registered, 128.5 million of these were for private reasons. Globalization has been shaping the traveling behavior of Chinese Millennials - The most popular travel destination for young Chinese luxury travelers was Southeast and South Asia with a share of 68 percent, followed by Europe, Japan and South Korea. Activities such as beach islands, road trips and polar exploration have become the new trend among young Chinese.

Interesting statistics

In the following 4 chapters, you will quickly find the 26 most important statistics relating to "Rich Chinese overseas ".

China - HNWIs abroad

Dossier on the topic

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Important key figures

The most important key figures provide you with a compact summary of the topic of "Rich Chinese overseas " and take you straight to the corresponding statistics.

Studying abroad

Outbound travel

Investment abroad

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