Half of rich people in China want to emigrate

Nearly half of Chinese with assets worth more than 10 million yuan (£990,000) are considering moving abroad, according to a survey by the Bank of China and the Hurun Report.

The US and Canada are the most popular destinations, and 14 per cent of the 980 millionaires surveyed have either already moved or were applying to do so. The main reasons given are better education and asset security, and a less polluted environment.