, China’s wealthiest and most cosmopolitan metropolis is being permanently scarred as wealthier residents pack their bags for good.Biao Xiang, the director of the Max Planck Institute for Social Anthropology in Germany, said: “It’s quite a paradox because these people who have benefitted from China’s economic development, they are migrating not for higher income. They are not going to get jobs with pay at the level they would get in Shanghai.
The term circulating on Chinese social media is “runxue”, or the science of “running” away from home, with people taking to Weibo to exchange advice and share plans for emigrating. Among them are Sasha and Colin, an American couple who moved there four years ago to set up a business. They asked to use pseudonyms because they are still running the business and fear reprisal from authorities.
Awful