Paris might be the hot spot for luxury shopping by China’s rich, when they have to pick an education they go for England’s top universities, especially Eton and Harrow, says Hurun China’s rich list founder Rupert Hoogewerf in The Telegraph.
“What I’m constantly hearing from Chinese millionaires is that they like England as a place to get their children educated,” said Rupert Hoogewerf, the publisher of the Hurun Report magazine and the leading expert on China’s new rich.
“You go to France for fine wine and luxury living, to Italy to see the ancient sights, but to a British boarding school to get a proper education.” The scions of China’s new rich already make up a considerable portion of foreign students, with nearly a third of the 10,030 non-British students coming from Hong Kong and China in 2010, according to the Independent School Council.
Some are the children of leading Communist Party figures – so-called ‘Princelings’ and others from the new breed of property-owning families that have capitalised on the Chinese economic miracle.
Rupert Hoogewerf is a speaker at the China Speakers Bureau. Do you need him at your meeting or conference? Do get in touch.
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