A Majority of China's Top 1% Wants to Leave China

This article describes a real problem for China. More than half of China's top 1% would like to leave the country. Canada, primarily Vancouver, is the top choice. That is driving up asset values in Vancouver and some worry about a bubble. It also presents a problem for China's government. It will be difficult for China to deal with a large flight of capital out of the country and also maintain its strong foreign currency reserve position.