Expat China News

Latest 10 news items tagged China

22 Oct at 6 PM 2019

Wealthy Hong Kong expats looking to emigrate to Oz

In spite of reports suggesting expat bankers in Hong Kong are in it for the long-haul, realtors are seeing a rush to invest in Australian property. Both expat professionals and Hong Kong’s wealthy elite are now hedging their bets on the outcome of the seemingly endless weekend protests. Although it seems no-one actually wants to leave, those with enough folding money are quietly investing in Australian property as a hedge against a full Chinese military takeover of one of the world’s most important financial hubs. From expat...
17 Oct at 6 PM 2019

What next for expat professionals in Hong Kong?

As the Hong Kong protests continue, what does the expat community think? Some half a million non-Chinese expats from a variety of world countries are living and working on the tiny Hong Kong archipelago, the majority of whom are well aware of the global consequences should China decide to put a stop to the increasingly violent demonstrations. Most expats have tended to ignore Hong Kong’s politics as regards its relationship with China, but most now admit the situation may end the former British colony’s reputation as a world...
16 Oct at 6 PM 2019

Slump in expat arrivals hits Thai condo market

The soaring baht and a dearth of expat arrivals have hit hard on the country’s condominium market. Real estate agents across Thailand are hunkering down and hoping to survive what one developer is calling the most severe situation in the past 10 years. Prices have slumped during 2019, mainly due to the continued rise in the baht and a strong fall in the numbers of Chinese and Western expats arriving to work or retire. Almost half a million residential condominiums both in Bangkok and other major cities were left unsold in 2018,...
14 Oct at 6 PM 2019

Shanghai expatriates win Magnolia Awards including citizenship

Twelve prominent foreign professionals living and working in Shanghai are the latest expatriates to receive the coveted Magnolia Gold Award. Since the early days of Shanghai’s development into a thriving global city, it’s welcomed expats from across the world eager to help build its commercial and social infrastructure. Starting in 1989, the city fathers began awarding bronze Shanghai Gratitude Awards to foreigners who’d contributed to its development. Later renamed Magnolia awards for the flower engraved on the medals, the...
14 Oct at 6 PM 2019

Expat-run horse rescue centre in Spain now dried out but running short of feed

The expat-run Easy Horse Care Rescue Centre based in Rojales is now dry, but is facing a chronic shortage of feed for 140 horses, ponies and other rescued livestock .During the bibilical floods caused by the gota fria weather phenomenon, the centre escaped the worst of the waters although the struggle to deal with the torrential rainfall went on for days. Expats and locals feared the worst when the Segura River overflowed its banks but, by a miracle, it didn’t flood the centre. Hundreds of animals including horses, donkeys, ponies,...
4 Oct at 6 PM 2019

Expat retirees in Thailand hard hit by strong baht

As the Thai baht gets ever stronger against Western currencies, more and more expatriates are feeling the pinch. Thailand has been perennially popular with expat retirees from the Western hemisphere, but the inexplicable rise in the value of its baht currency is wrecking the carefully-calculated financial strategies of a good number of retirees dependent on monthly pension transfers from the home country. For British long-stay retirees, it’s even worse, as their pension payments were frozen at the rate current when they left the UK....
1 Oct at 6 PM 2019

Shanghai presents coveted Magnolia Awards to prominent expat professionals

Twelve prominent foreign professionals living and working in Shanghai are the latest expatriates to receive the coveted Magnolia Gold Award. Since the early days of Shanghai’s development into a thriving global city, it’s welcomed expats from across the world eager to help build its commercial and social infrastructure. Starting in 1989, the city fathers began awarding bronze Shanghai Gratitude Awards to foreigners who’d contributed to its development. Later renamed Magnolia awards for the flower engraved on the medals, the...
30 Sep at 6 PM 2019

Shanghai ups its efforts to support expat integration

Expats in Shanghai can now access an extra dozen Foreigner’ Social Integration Service Centres located in the city’s research, art and museum institutions. Set up by the Shanghai Exit Entry Administration Bureau after the launch on September 16 of China’s first Permanent Residence Service Centre, the 12 new stations will work in tandem with six already established Immigrant Integration Service Stations. The centre for permanent residence, located in Zhangjuang Hi-Tech Park, already offers multiple services in addition to...
26 Sep at 6 PM 2019

Hong Kong-based expats still investing in UK buy to lets

Over the past several years, the numbers of expats in Hong Kong investing in British property has grown substantially. Nowadays, the idea of buying a property in Hong Kong as an investment is declining due to the island’s incredibly high real estate prices, with a basic home priced at almost 20 times the average local salary. As a result, home ownership totals on the island are some of the lowest in the world, leaving would-be expat investors looking elsewhere for affordable buy-to-lets. Due to Brexit, UK property prices are in...
13 Sep at 6 PM 2019

Expats in Shanghai receive awards for contributions to the city’s growth

Expat professionals in Shanghai have received coveted awards for their contribution to the Chinese city’s growth. Magnolia Silver Awards were given to 58 expats from 18 world countries in recognition for their contributions to the city’s development as a world trade hub. Recipients included scientists, educators, artists and senior managers at foreign companies such as L’Oreal China, Adidas and the Schaeffler Group. Also included was a football coach. The award winners were praised for their efforts to build bridges between the...