The US remains a magnet for wealthy Asian entrepreneurs even as its growth lags behind developing markets, new research has found.
The report, by Barclays Wealth, found that those who made their money in booming economies such as China still hoped to move to North America and Europe in search of stability and better business prospects.
Over the next five years, almost half of China’s rich expected to move, with the US then Europe the most likely destinations. Qataris and Latin Americans were also likely to be planning moves. But only 6 per cent from North America and 12 per cent from Europe were considering Asia.
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