Shanghai police have arrested the founder and CEO of Wailian Chuguo, the city's largest immigration consultancy firm, as part of a crackdown on mass emigration. The move is seen as a warning to Chinese citizens who want to live abroad, known as the "run" movement. Police are reportedly demanding that the company boss, He Mei, hand over all customer records dating back decades. Commentators believe that the Chinese government aims to target the assets of Chinese nationals both at home and overseas, and to impose strict controls on capital outflows to stabilize the exchange rate and ensure currency independence.

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