Chinese migrant multi millionaire resigns from China’s legislature

Published:  30 Nov at 6 PM
Want to get involved? Become a Featured Expat and take our interview.
Become a Local Expert and contribute articles.
Get in touch today!
The founder/owner of the Beijing-based South Beauty restaurant group has resigned her membership of the powerful Chinese People’s Political Consultative Conference (CPPCC).

Chinese legislator turned highly successful businesswoman Zhang Lan recently removed herself and her US$490 million fortune to an as yet unknown overseas destination, renouncing her Chinese citizenship at about the same time. Her migration has caused embarrassment in China due to her previous opposition to citizens who migrated and changed nationality in order to protect their fortunes by transferring them out of the country after they left.

According to CPPCC’s vice-chairman Zheng Huang, two months after she left the country and renounced her citizenship, she contacted the committee with her resignation. China does not allow dual citizenship, and Zhang’s departure was regarded as highly controversial by many Chinese.

During a previous interview on Chinese TV, Zhang stated she had refused a Canadian governmental invitation to migrate to Canada, offered after she had spent many years working in the country. She told the interviewer she was Chinese by blood and would always be loyal to China.
Like this news?

Comments » No published comments just yet for this article...

Feel free to have your say on this item. Go on... be the first!

Tell us Your Thoughts On This Piece:

Your Name *
Email * (not published, needs verification one time only)
  • Facebook
  • Follow us on Twitter
  • RSS feed
  • Facebook

Latest Headlines

News Links

News Archive