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There’s no denying that China has come a long way in terms of economic growth. But even as the country produces ever more millionaires and foreigners flock to seek their fortunes in the world’s second largest economy, many of its elites are making a dash for the exit. EB-5, a little-known programme in the US designed to attract more foreign investment, has seen a surge in interest from Chinese applicants as the country’s wealthy look to settle abroad or at least secure foreign citizenship. The programme, which grants a green card to any foreigner who invests at least $500,000 in a business that creates 10 jobs in the US, received 2,408 Chinese applications last year, compared to just 772 in 2010, and 63 applications in ... Continue reading →

The Labour leader recalls how he imbibed Jewish history from his mother and father. “The first Jewish leader of the Labour Party.” It says something about me and about Britain that I am rarely described as such. I am not religious. But I am Jewish. My relationship with my Jewishness is complex. But whose isn’t? My family history often feels distant and far away. Yet the pain of this history is such that I feel a duty to remember, understand and discuss it – a duty that grows, rather than diminishes, over time. As children we were only dimly aware of it but we caught glimpses. When I was seven, my family went to visit my grandmother in Tel Aviv. Pointing at a black-and-white photograph, ... Continue reading →