Exodus of Wealthy Chinese Accelerates as Covid Zero Ends

The video discusses the increasing trend of wealthy Chinese seeking to leave China due to various factors, including a crackdown on tech entrepreneurs and the common prosperity drive by President Xi Jinping. The reopening of borders has accelerated this trend, as it allows for easier travel. The desire to migrate has been building up over the past few years, especially during COVID-19 lockdowns, and is now being realized with the lifting of travel restrictions.

What is one of the main reasons wealthy Chinese are considering leaving China?

• A desire for better weather

• Interest in learning new languages

• Better educational opportunities abroad

• Crackdowns on tech entrepreneurs and real estate

What event in October last year contributed to the acceleration of the migration trend?

• The Congress party meeting

• A major economic summit

• The Winter Olympics

• A new trade agreement

How has the reopening of borders affected the migration trend?

• It has unleashed pent-up demand for migration

• It has had no impact

• It has made travel more difficult

• It has decreased the desire to migrate

What has been building up for two to three years, according to the third section?

• A new political movement

• Pent-up demand for migration

• A cultural exchange program

• A technological revolution

What was a significant barrier to migration during the early part of COVID-19?

• Lack of interest in moving

• Poor internet connectivity

• High travel costs

• Lockdowns and travel restrictions