Expat China News

Latest 10 news items tagged China

10 Dec at 12 PM 2014

India second on list of ‘up and coming’ destinations for expats

India has come in second place behind China on a list of countries that are ‘up and coming’ for expats to live and work in, according to an HSBC survey. The Expat Explorer survey noted that emerging Asian economies provided a huge draw to challenge-seeking expats, with 44 per cent admitting that they chose them for the new challenges offered. The Indian economy is expanding by more than five per cent per year and HSBC forecasts that growth will hit 7.3 per cent in 2016. Sanjiv Sud the head of retail banking and wealth management...
3 Dec at 4 PM 2014

New Zealand’s Kea expat network reaches 500,000

A global network designed for New Zealanders living overseas has hit the half-million-member mark. Kea, which was launched in 2001 by Professor David Teece and The Warehouse founder Sir Stephen Tindall on the back of the Knowledge Wave conference, connects New Zealand businesses with Kiwis living around the world. Among those permitted to sign up to the network are ‘Friends of New Zealand’, people who are not from the country but have a vested interest or are connected in some way to it. The group’s global chief executive,...
11 Nov at 6 PM 2014

Hong Kong expat banker lifestyles slammed after grisly murders

Expats working in Hong Kong’s famous banking and financial sector are taking flak for their hedonistic lifestyles following the gruesome murder of two Indonesian girls by one of their number. The victims, found in an upmarket condo just a short walk from the ex-colony’s red light district, were reputedly killed by Rurik Jutting, a British expat who formerly worked as a securities trader for Merrill Lynch. The accused man was a regular on the strip’s girlie bars, with drugs and sex toys found in the apartment adding to the...
7 Nov at 6 PM 2014

Expats find the girl of their dreams after moving overseas

Finding the perfect love match is now an officially-confirmed reason for migration to a far-off land, as many expats find once they’ve taken the plunge. One light-hearted result of this year’s HSBC Expat Explorer survey of over 9,000 expats settled all over the world is that many found the love of their life after leaving the UK. An average of 36 per cent of those surveyed admitted that they’d fallen for a local girl. Top of the tree for suitable partners was romantic Italy, with 57 per cent of respondents cohabiting happily...
3 Nov at 6 PM 2014

Chinese goverment survey reveals most expats are illiterate males

The results of a survey by China’s State Administration of Foreign Expert Affairs may have come as a shock to the ministry, but expat professionals seem to be regarding it as a big joke. The study was undertaken in order to determine how to attract the brightest and best overseas talent to China’s buzzing economy. The results, however, seemed to indicate that most expats are male, and almost all are unable to utter ever a short, simple sentence in basic Chinese. Expats who took part in the survey had a different tale to tell,...
30 Oct at 6 PM 2014

Hong Kong expats support protestors by running umbrella shaped marathon

Although Hong Kong’s expat community is divided over the ongoing student protests in the heart of the city, two of its number today took part in an umbrella-shaped 102 km marathon in support of democracy. The pair, both experienced ultramarathon runners, were expecting to take around 15 hours to cover their planned course, shaped on a map of Hong Kong as an umbrella in honour of the protestors. John Ellison and Andrew Dawson told reporters prior to the start that the route had been deliberately designed to be long and hard as it...
28 Oct at 6 PM 2014

Is investing in the Chinese property market the way to go

China’s increasing popularity for an overseas career move gives rise to the question of investing in its property market for expats fortunate enough to have secured long-term employment Rumours that real estate in China is heading for a US-style meltdown are giving would-be expat property investors cause for concern but, as with almost everything in the massive country, there’s more to the real estate market than meets the eye. The much-publicised ‘ghost cities’ aren’t the entire supply and demand story here. Although...
28 Oct at 6 PM 2014

US expat woes increase thanks to FATCA

A recent survey undertaken with a sample of US expats living in popular destinations revealed that almost three-quarters of respondents had considered voluntarily renouncing their citizenship to avoid the onerous FATCA requirements. The complications of endless form-filling, the threat of being barred from opening local bank accounts and the invasion of personal financial privacy have already resulted in an unprecedented number of US expat citizens giving up their passports. According to the survey, 73 per cent of respondents admitted...
27 Oct at 6 PM 2014

Survey shows Asian hubs offer more bang for the expat buck

The recently-published annual HSBC Expat survey has revealed that Asian locations offer the most affordable costs of living due to their cheaper accommodation, utility charges and groceries. The well-regarded survey, based on expats’ ability to afford essential services and goods as well as on average disposable incomes, saw Switzerland hit the number one position as regards overall quality of life. However, for mere expat mortals rather than retired bankers, Asian destinations won out on sheer affordability. Thailand and Vietnam...
21 Oct at 6 PM 2014

UK Foreign Office warns expats over increasing terrorist threats

As conflicts erupt in European as well as the Middle East and Asia, the UK Foreign Office has stepped up its travel warnings to both tourists and expats. France is the number one target for the latest British authority warnings to UK residents as well as visitors to the popular tourism and expat hub. A triple warning has been issued, with the expected terrorist backlash against France’s military intervention in the war between the Kurds and ISIS at the top of the list. According to the French government, security measures have...