News Analysis
China’s rich are fleeing the country at an increasing rate, transferring large amounts of their assets abroad to avoid being targeted by the Chinese Communist Party (CCP) amid the economic slowdown.
ANALYSIS: China’s Wealthy Fleeing Amid Economic Downturn, CCP’s Clampdown on Capital Flight
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Passengers are seen at the Beijing Daxing International Airport in China's capital city on April 28, 2023. Jade Gao/AFP via Getty Images
By Jessica Mao and Michael Zhuang
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