credit picture : visual capitalist
More than 10,000 mainland Chinese millionaires for business reasons. Registration abroad is fast and easy, plus in some countries there are capital and incentives for Chinese millionaires. Moreover, wealthy Chinese tend to prefer overseas higher education over domestic education. According to statistics, Chinese students are the largest group of international students in the UK. In order to register their children in foreign universities Many of the rich immigrated and made large donations to these universities.