Wednesday, February 22, 2012

The Chinese Are Coming, The Chinese Are Coming!

As U.S. wealth mangers seek business on the far side of the Pacific, wealthy Chinese are heading in our direction, reports The Wall Street Journal:
A survey published in November found that 60% of about 960,000 Chinese people with assets over 10 million yuan ($1.6 million) were either thinking about emigrating or taking steps to do so. The U.S. was the top destination, followed by Canada, Singapore and Europe….
Want to find Chinese millionaires newly arrived on our shores? Check the expensive seats at Knicks games. You know the Ka-Chings will be eager to see Jeremy Lin.

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