Thursday, November 1, 2012

A Leg in Vancouver, In Case One Breaks at Home

Wary of Future, Professionals Leave China in Record Numbers
Zhang Ling, the owner of a restaurant in the coastal city of Wenzhou, is one such worrier. His extended family of farmers and tradesmen pooled its money to send his son to high school in Vancouver, Canada. The family hopes he will get into a Canadian university and one day gain permanent residency, perhaps allowing them all to move overseas. “It’s like a chair with different legs,” Mr. Zhang said. “We want one leg in Canada just in case a leg breaks here.”
In 2010, the last year for which complete statistics are available, 508,000 Chinese left for the 34 developed countries that make up the Organization for Economic Cooperation and Development. That is a 45 percent increase over 2000.

1 comment:

jesse said...

That may be prudent in case of political breakdown but unlikely to be a saviour in case of economic changes. If Chinese prospects dry up, it's not like Canada offers an equivalent value proposition in terms of salary terms