Economic Impact
Overseas Chinese are estimated to control 1.5 to 2 trillion USD in liquid assets and have considerable amounts of wealth to stimulate economic power in China. Overseas Chinese often send remittances back home to family members to help better them financially and socioeconomically. China ranks second after India of top remittance receiving countries in 2010 with over 51 billion USD sent.
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Famous quotes containing the words economic and/or impact:
“Just as men must give up economic control when their wives share the responsibility for the family’s financial well-being, women must give up exclusive parental control when their husbands assume more responsibility for child care.”
—Augustus Y. Napier (20th century)
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