The Chinese super rich are banking on foreign education for their teenage children as an investment. Going overseas for a university degree has always been an option for the children of the wealthy, but now parents are sending their children overseas for secondary education also. The United Kingdom is their first choice with the United States second, according to the Chinese Luxury Consumer Survey 2014, published by the Hurun Report, which polled 400 parents who each had at least RMB10 million (US$1.6 million) in disposable income. For undergraduate study, the rankings are reversed with the US topping the list, the UK second and Australia third. In terms of secondary education, Canada is the third most favoured destination. Reports China Daily