Britain gains most jobs from Chinese investments - Rupert Hoogewerf

Rupert Hoogewerf

First rich Chinese send their children. Then they invest in real estate. And then other investments and jobs for the locals follow. China Rich List founder Rupert Hoogewerf was the first to discover that trend, and his latest Hurun report shows the UK has been in 2015 a key winner of job creation, led by Huawei, he tells Xinhua.

Xinhua:

In its report named "the UK Engaging the Chinese Private Sector 2015," the institute highlights eight key findings, including Masters courses and boarding schools have been the most important drivers of personal connections with Chinese entrepreneurs; led by Huawei, Britain has seen notable rise in job-creating investments from China's private sector. 

Rupert Hoogewerf, Chairman and Chief Researcher of Hurun Report, said that the private sector of Chinese mainland is the most dynamic and the one with the brightest future. According to a report released by UK Trade & Investment on Tuesday, China made 112 foreign direct investment (FDI) projects in Britain, becoming the fourth biggest FDI countries for UK in fiscal year 2014/15, which ended March 2015. 

"There has been a clear evolution of Chinese wanting to send their children to the UK and US, whereas a decade ago it was Canada and Australia," said Hoogewerf. 

The education destination choice also bolsters the residential purchases for Chinese high net worth families in Britain. London was the only European city to make the Top 10 preferred cities for Chinese to buy residential property, according to Hurun's report in June 2014.

More in Xinhua.

Rupert Hoogewerf is a speaker at the China Speakers Bureau. Do you need him at your meeting or conference? Do get in touch or fill in our speakers´ request form.

Are you looking for more experts on China´s outbound investments at the China Speakers Bureau? Check out our list here.  

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US, UK top destinations for study – Rupert Hoogewerf

Rupert Hoogewerf

Both the US and the UK retain their top positions as a destination for study, reveals the Hurun Chinese Luxury Consumer Survey. They are followed by Australia and Canada. Surprising newcomer is New Zealand at not five, Hurun founder Rupert Hoogewerf tells in the PieNews.

The PieNews:

The top five destinations for undergraduate and postgraduate study were the US, the UK, Australia, Canada and New Zealand, the survey by luxury publishing and events group Hurun Report shows. 

This is the first year New Zealand has entered the top five, overtaking Switzerland. “New Zealand breaking into the ‘Big 5’ shows how far it has come to building a global education programme, attracting many of China’s most successful families to send their children to study there,” commented Rupert Hoogewerf, the Hurun Report’s founder, chairman and chief researcher. 

“New Zealand’s all-round education system is able to compete at the very highest levels in the world.” 

Survey respondents also nominated their favourite study abroad education agencies, with BE Education voted the best high-end overseas study brand. 

Shinyway was voted China’s best education agency for consumers heading to the US, while Haiyi was dubbed the best education agency for Switzerland. 

Hoogewerf noted that 80% of wealthy families in China now intend to send their children overseas. The average age for millionaires to send their children abroad for study is 16, while the average for billionaires is 18. 

Now in its 11th year, the report is based on a survey of 376 Mainland Chinese ‘millionaires’, each worth RMB10m (US$1.6m) and with an average wealth of $6.8 million.

More in the PieNews.

Rupert Hoogewerf is a speaker at the China Speakers Bureau. Do you need him at your meeting or conference? Do get in touch or fill in our speakers´ request form.

Finding a study destination is often a first step, followed by purchasing real estate and other investments, by wealthy Chinese. Are you interested in more experts on China´s outbound investments at the China Speakers Bureau? Do check our latest list.

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