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Chinese capital dangles carrots to lure foreign talent to its Silicon Valley

reuters.com

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Re: Chinese capital dangles carrots to lure foreign talent to its Silicon Valley

#11

Post by kbwt »

seanmcdirmid wrote: post #10
wakkaflokka wrote: post #5

Other than the visa-related benefits, what type of monetary benefits do foreigners get for moving to China?

Pay is pretty good (about 70% of Seattle) while living costs are low. I was able to save about 30-40% of my take home over almost 10 years.

So China pays much better than Western Europe? Is this actually true?

Re: Chinese capital dangles carrots to lure foreign talent to its Silicon Valley

#14

Post by Molaxx »

antr wrote: post #4

US-biased headline. This is what US-tech firms have been doing for years, dangling carrots on foreign talent. The same reason why the US VC-lobby has been up in arms on anything and everything work visas related. China is the new USA.

Huh? In what way is it biased? I'm sure that if China wants talent to come, then they should be happy about this free publicity.

Re: Chinese capital dangles carrots to lure foreign talent to its Silicon Valley

#15

Post by baby »

kbwt wrote: post #11
seanmcdirmid wrote: post #10

Earlier quoted context omitted.

Pay is pretty good (about 70% of Seattle) while living costs are low. I was able to save about 30-40% of my take home over almost 10 years.

So China pays much better than Western Europe? Is this actually true?

If you're in HongKong probably.

Re: Chinese capital dangles carrots to lure foreign talent to its Silicon Valley

#16

Post by seanmcdirmid »

kbwt wrote: post #11
seanmcdirmid wrote: post #10

Earlier quoted context omitted.

Pay is pretty good (about 70% of Seattle) while living costs are low. I was able to save about 30-40% of my take home over almost 10 years.

So China pays much better than Western Europe? Is this actually true?

Western Europe sans Switzerland doesn’t pay very high, so ya. You’ll see more Europeans working tech in china than Americans. Likewise, Japan, Taiwan, and Korea also generally don’t pay programmers as much as China does, so you’ll see foreigners from those countries working in China (and the fact that they are next door).

Re: Chinese capital dangles carrots to lure foreign talent to its Silicon Valley

#17

Post by seanmcdirmid »

baby wrote: post #15
kbwt wrote: post #11

Earlier quoted context omitted.

So China pays much better than Western Europe? Is this actually true?

If you're in HongKong probably.

Hong Kong doesn’t pay programmers as well as Shenzhen outside of a few banking related jobs. Not a good comparison. HK is more of a business/banking center, so programmers don’t have as much status as they do across the border in Shenzhen.

Re: Chinese capital dangles carrots to lure foreign talent to its Silicon Valley

#18

Post by Nokinside »

antr wrote: post #4

US-biased headline. This is what US-tech firms have been doing for years, dangling carrots on foreign talent. The same reason why the US VC-lobby has been up in arms on anything and everything work visas related. China is the new USA.

The difference is that US lures people to move and eventually become citizens. China want's people to work there, transfer the technology and go away.

It's basically impossible to naturalize as Chinese citizen even if you marry a local and live there for decades. Japanese are strict in immigration but they take ten times more immigrants than China. Only about 1000 people get Chinese passport per year.

Re: Chinese capital dangles carrots to lure foreign talent to its Silicon Valley

#20

Post by seanmcdirmid »

pentae wrote: post #12

The Beijing municipality has said it will even consider allowing foreign professionals to bring in their own foreign maids, currently illegal in Beijing. Well shit, sign me up.

This was actually a big issue for one of my friends. They wanted a Filipino maid for communication reasons and were even able to manage it for a few years (before 2010 or so). But then China cracked down on the practice and they had to go with a chinese one eventually.
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