Many Chinese citizens know that their government’s economic story doesn’t add up, and they are voting with their feet. The rich are moving their money and children out of the country en masse. In any given year, 30–60 percent of Chinese millionaires and billionaires say they are leaving China or have plans to do so.87 In the decade after 2008, Chinese nationals received at least 68 percent of all of the “golden visas” in the world, which refer to residence permits obtained by investing large sums in a host nation.”
