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Even as China grows richer, the number of wealthy choosing to emigrate is rising. Many want what they perceive as the greater security and ease of international travel offered by a foreign passport. Chinas stress tests of banks will assess the risk that a possible slump in property prices may strain developers finances and cause homebuyers to default, a person with knowledge of the matter said. Chinas stress tests of banks will assess the risk that a possible slump in property prices may strain developers finances and cause homebuyers to default, a person with knowledge of the matter said. Aug. 5 (Bloomberg) -- Peter Churchouse, chairman of Hong Kong-based property investment firm Portwood Capital, talks with Bloomberg's Susan Li about the outlook for property markets in China and Hong Kong. Chinas banking regulator told lenders last month to conduct a new round of stress tests to gauge the impact of residential property prices falling as much as 60 percent in the hardest-hit markets, a person with knowledge of the matter said.

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