Zhuang Guotu is Dean at the Center for Southeast Asian Studies of Xiamen University and a consultant at the Overseas Chinese Affairs Office of the State Council (OCAO). According to his research findings, the steadily rising rate of Chinese migrants to Singapore has accelerated sharply in recent years, with about 500,000 to 600,000 Chinese applicants approved in the past two decades. The number accounts for 10 to 12 percent of the city-state's total population.
Zhuang predicted an expansion in Singapore's strategies to welcome more Chinese, based on the government's 2030 blueprint to house a population of about 6.5 million and maintain the ratio of Chinese Singaporeans at around 75%, aided by an inflow of 1.2 million from mainland China.
He categorised the migrants into four groups: "hi-tech" talents and students, "normal" technology migrants, investment migrants, and labor migrants. Chinese migration cases on matrimonial grounds or lacking legal documents, or people entering as self-employed persons, were also noted in the study.
Zhuang presented the progress his research team had made studying the distribution status of and development trends in Chinese migration, during the second official forum in November 2011, sponsored by OCAO. It seems ecns.cn (China News website) knows more about the PRC intake than we do.
Apparently Chinese businessmen are having second thoughts about emigrating to the United States, as the Foreign Account Tax Compliance Act, which was enacted in 2010, requires a US citizen or green card holder living in China to file Form 8938 and report his or her foreign financial assets if their total value exceeds $200,000. Thanks to a soaring federal deficit and to combat tax evasion, the US has stepped up efforts in recent years to track down citizens with significant offshore financial standings. It would appear Singapore's ICA prefers the soft touch, applicable also to wealthy Indonesian Chinese.