More space, lower living costs lure Hong Kong elderly to retire in mainland China, but health care brings them back

Nov 6, 2021 | INVESTING

Separated from her husband and estranged from their seven daughters in Hong Kong, retired cleaner Chan Yim-chun moved by herself to the mainland Chinese city of Zhongshan in 2000.She bought a 600 sq ft flat in a rural area of the city in Guangdong province and had friends and relatives for company. Her monthly welfare allowances of about HK$3,700 (US$475) from the Hong Kong government covered her daily expenses.“It is hard to survive in Hong Kong, but things are different on the mainland, where…

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