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More Wealthy Chinese Said to Prepare Exits

posted May 21, 2012, 3:31 PM by Milorad Borota   [ updated May 21, 2012, 3:32 PM ]
Wall Street Journal Updated May 11, 2012, 1:20 a.m. ET

Some immigration lawyers have seen a new increase in the number of Chinese seeking foreign citizenship, a trend they suggest is tied to worries about political turmoil and economic slowdown in China, especially among businesspeople and politicians seeking to protect their families and wealth.

"There's definitely a surge in China for what I call 'let-me-out-now' product," said Jean-Francois Harvey, an immigration lawyer based in Hong Kong who deals with clients throughout Asia.

The recent interest builds on a trend of growth in applications from Chinese seeking to emigrate to places like the U.S., Canada and the U.K. in recent years,

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