China, Socialism & Consumer Behavior: Wealthy Chinese moving to the West

Growing numbers of rich Chinese are applying for permanent residency in Western countries under programmes that allow investors with a high net worth to “buy” citizenship […]

Post author By Itamar Medeiros
Post date September 3, 2010
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Growing numbers of rich Chinese are applying for permanent residency in Western countries under programmes that allow investors with a high net worth to “buy” citizenship:

The number of Chinese investors applying for foreign permanent residency surged 30 percent in the first half of 2010, taking away with them 15 billion yuan (US$2.2 billion). Chinese people almost used up all the migration quota in Canada and Australia, two hottest destinations for immigrants.

via More China rich moving to West — Shanghai Daily | English Window to China New.

Tags Australia, Canada, China, Chinese People, Consumer Behavior, Immigration, Shanghai, Shanghai Daily, Yuan

By Itamar Medeiros

Originally from Brazil, Itamar Medeiros currently lives in Germany, where he works as VP of Design Strategy at SAP and lecturer of Project Management for UX at the M.Sc. Usability Engineering at the Rhein-Waal University of Applied Sciences .

Working in the Information Technology industry since 1998, Itamar has helped truly global companies in multiple continents create great user experience through advocating Design and Innovation principles. During his 7 years in China, he promoted the User Experience Design discipline as User Experience Manager at Autodesk and Local Coordinator of the Interaction Design Association (IxDA) in Shanghai.

Itamar holds a MA in Design Practice from Northumbria University (Newcastle, UK), for which he received a Distinction Award for his thesis Creating Innovative Design Software Solutions within Collaborative/Distributed Design Environments.

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