Expat China News

Latest 10 news items tagged China

23 Jun at 6 PM 2017

Survey shows Gulf states rising costs of living

In spite of readjustments in their local economies, Abu Dhabi and Dubai’s survey rankings have moved up, indicating more expense for expats in the region. The Mercers cost of living survey found that Dubai had risen one point to 20th most expensive world city, with Abu Dhabi following on at 23rd, two points up from last year’s study. Several other Gulf cities including Doha, Muscat and Riyadh also featured in the list of top 100 most expensive expat destinations. The Dubai and Abu Dhabi ratings come as something of a surprise as...
22 Jun at 6 PM 2017

Shifting global economy good news for expat living

The oil price crash combined with increasing global nationalism over the past year has caused the global economy to shift, thus decreasing the cost of living in London and other expensive expat destinations. As a result of the global changes, the latest survey of the world’s most expensive cities has produced some surprising results indicating dramatic cuts to the cost of living in London and other major world cities. In the majority of cases, the values of local currencies have tanked against foreign currency rates, with expats...
22 Jun at 6 PM 2017

Massive increase in immigrants to New Zealand

New Zealand’s net immigration figures have hit an all-time high as 73,000 more arrive than leave. According to figures for the month of May 2017, immigrants are still flooding to New Zealand in increasing numbers, led by would-be expats from the UK and Australia as well as migrants from China. Las month's net migration figures show an increase on last year of 3,600, with 75 per cent of the 130,400 arrivals non- Kiwis looking to settle in the country. The rush to become part of the country’s growing economy happened at the same...
20 Jun at 6 PM 2017

Hong Kong expat exodus opens doors for Chinese investment bankers

Two decades after the Hong Kong archipelago was given back to China, investment bankers and financiers from the mainland are taking over as Western expats leave. Following an exodus of Western expat bankers, Hong Kong’s elite financial ranks are now being swollen by an influx of professionals from the Chinese mainland. Western banks’ lay-offs of expensive professionals in the sector has created opportunities for equally talented incomers from mainland China eager to create their own brand of financial prowess. The influx is...
14 Jun at 6 PM 2017

Chinese foodies fall in love with expat pasties and cream teas

A former Royal Marine Commando with a love of the traditional tastes of Cornwall is now the highly successful proprietor of Dongguan’s cream teas and pasties eatery. Alan Stroud has lived in China for the past 20 years including a stint in Hong Kong, and has always admitted to a craving for traditional British delights such as Marmite, meat pies, tangy English cheeses and, of course, Cornish pasties. Whilst working in Kunming, he met up with a good number of expats who also missed pasties, giving him the idea of marketing them one...
6 Jun at 6 PM 2017

Cyprus Golden Visas popular with wealthy Chinese and Russians

Whilst its everyday expat community fears the effects of Brexit on their lives, Cyprus is raking in billions by selling Golden Visas to wealthy Chinese and Russians. Cyprus is just one of the 27 EU member states offering visas for cash to wealthy investors from across the world whilst its established expat community fears for its fate post-Brexit. Last year, the Golden Visa scheme enriched the government’s coffers by no less than four billion dollars, a huge 25 per cent of the country’s gross domestic product. The Cyprus...
2 Jun at 6 PM 2017

Expat permanent residents in China to get upgraded ID cards

The expat community in China has welcomed the government’s plan to upgrade identity cards issued to foreigners with permanent residency. In an announcement late last week, China’s public security authority announced new versions of machine-readable ID cards given to expats with permanent residency. The new cards will begin to circulate from June 16, and will have greater usability for their holders. Based on the second version of China’s citizen identity cards, the new version’s chips will hold information including...
2 Jun at 6 PM 2017

Expats in South Korea fear escalation of threat from the north

As tensions on the Korean peninsula rise, expats working in South Korea are expressing their fears for their futures. Over 100,000 American expats are living and working in South Korea, with most based in Seoul, just 35 miles form the border with the North. They’re well used to hearing threats from North Korea’s unstable leader, having taken them as empty bluster in the past. Nowadays, it’s a totally different story, mostly down to their new president, Donald Trump, whose words and action may precipitate the war they’ve been...
30 May at 6 PM 2017

VPNs essential for expat internet access

Regardless of their reasons for leaving the home country, the majority of expats rely on the internet to keep in touch with friends and family as well as to further their business interests and plans to explore their new country of residence. Decades ago, the world’s expat population looked a great deal different than it does nowadays. In the 21st century, career opportunities are just on of the reasons to leave the country of birth and settle in the unfamiliar ‘elsewhere’. Even so, whether they’re students, retirees,...
26 May at 6 PM 2017

UK and USA uncertainties spur expat interest in Australian job market

Aspiring expat jobseekers are turning their attention to Australia due to Brexit uncertainty and the political and economic effects of the Trump presidency. A 30 per cent surge in the numbers of job seekers from overseas hit Australia’s recruiters at the beginning of April and shows no signs of slowing down. The biggest increases in applications came from India, up by 55 per cent on last year’s totals, with Japan at 49 per cent, Ireland at 11 per cent, the UAE at 26 per cent and South Africa at 22 per cent. The rise came in spite...