Twice as many people relocated from China than to China in 2014, according to the International Movers Study released by UniGroup Relocation. The study tracked customers’ global moving patterns over the course of the past year.
The US is the top destination for people moving from China and the top origin country for those moving to China. However, moves from the US to China decreased by more than 22% since last 2013. At the same time, fewer people moved from China to the US in 2014, compared to the year before.
Hong Kong experienced a trend similar to China. More people relocated from Hong Kong than to Hong Kong. Hong Kong and Singapore are the top Asian regions on the lists. Hong Kong is ranked number 2 on the list of top origin regions, while Singapore is ranked number 3 on the list of top destination countries from China and number 4 on the list of top origin countries to China.
Quan Heng, Research Professor, Shanghai Academy of Social Sciences, commented, “One important factor that affects international movers is the economic development and structural changes of origin and destination countries. One reason for the decrease in moves between China and the US is the robust economic recovery in the US in 2014, bringing business opportunities and a positive outlook. The drop in moves to the US also relates to China’s reform and potential growth rate.”
Paul Arkwright
Publisher
