Chinese are among the most recent immigrants to Bulgaria, the vast majority of them arriving after the democratic changes in 1989, and particularly from 1992 on; prior to 1989, only a dozen Chinese lived in Bulgaria. Most Chinese in Bulgaria are economic immigrants and small-scale investors in particular. The bulk of the Chinese live in the capital Sofia, particularly in the municipality of Nadezhda and its neighbourhoods of Nadezhda, Tolstoy and Svoboda. Although there is no discernible Chinatown, it is thought that one might develop in the following years. Most of the Chinese were urban dwellers in China, a large number coming from the provinces of Zhejiang and Fujian, with fewer from Sichuan, Shandong, Jilin, Beijing and Hong Kong. According to the media, 2,000 – 3,000 Chinese immigrate to Bulgaria every year. However, with the financial turmoil in the EU and Bulgaria, this figure has greatly decreased.