China's Wealthy: A New Chapter Beyond Borders

As China grapples with slower economic growth, its affluent residents are rewriting their investment playbook. Instead of simply chasing returns, they're increasingly looking to move capital abroad and tap into business opportunities overseas. This shift is a 'very significant' trend, according to Ryota Kadogaki, co-founder of Monolith Consulting, who notes that many family offices are now eyeing smaller businesses in Japan. Even with the Chinese yuan strengthening against the Japanese yen, it's still weaker than 2020 levels, supporting this increased