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I have always thought that this is largely due to the fact that Chinese people still cannot inherit their parents' wealth, and that is why Chinese middle class and upper-middle class people travel a lot more than their Western counterparts. Is it not the case?

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I’m not sure what you mean, they have a 0% inheritance tax, and a fully codified succession framework mostly through civil laws.

So, my perception was probably misinformed.

This is incorrect.

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