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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

#31

Post by gruez »

Nokinside wrote: post #18
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.

>Only about 1000 people get Chinese passport per year.

i suspect that's a combination of han biased policy (as mentioned in a sibling comment), and the fact that nobody wants a chinese passport. china doesn't allow dual citizenships[1], so for a chinese with "western" citzenship, getting a chinese passport is a downgrade, unless you really sure that you want to stay in china.

[1] https://en.wikipedia.org/wiki/Nationality_law_of_the_People%...

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

#32

Post by ny2244111 »

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.

You get a foreign maid, and you get a foreign maid. Everyone gets a foreign maid!

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

#33

Post by seanmcdirmid »

coupdejarnac wrote: post #30
seanmcdirmid wrote: post #8

Earlier quoted context omitted.

Wikipedia isn’t blocked in china yet as far as I know. Internet censorship is a big deal for foreigners working in China, especially since playing the cat and mouse VPN game is so tiring.

Wikipedia started being blocked when I lived in Beijing in 2005. I'd be surprised if it isn't still blocked.

It wasn’t blocked in 2007 when I moved to Beijing nor in 2016 when I left. There were times when it was blocked, but not for very long. Wikimedia was blocked a bit more, it still sporadic.

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

#34

Post by richardknop »

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?

Yes. HK, Shenzhen, Beijing, Shanghai pay on par or better, especially if you are in finance / fintech / AI.

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

#35

Post by jeffreyrogers »

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.

Except in the US you can actually integrate into society and be treated as an American[0], that's not true of China.

[0]: I know there's still racism and discrimination, but if we're comparing to China let's at least compare the two countries on the same scale.

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

#38

Post by adventured »

gigatexal wrote: post #21
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.

Would you rather China, now on its way to being led by a dictator no different than a Mugabe-like figure in Africa, gain this talent to be used to bolster state run entitities — you know they’ll use any foreign tech developed on Chinese soil for government purposes — or let a relatively less corrupt, much freer government like the USA bring this talent over to build industry in the states where people are much more f…

While I agree with your overall point... this:

> If China wanted to be the new US it would start where the US started and being [bring?] in the poor, tired, cold etc.,

China just had a billion of those people, 15-20 years ago. They still have a quarter of a billion people living on less than $3 per day. Maybe they'll get to what you're referring to eventually, assuming their economic expansion survives the shift back to a strong-man dictatorship.

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

#40

Post by mrarjen »

dannylandau wrote: post #39

There are 37M college students in China and around the world. Why do they need foreigners to come over? http://www.chinadaily.com.cn/china/2016-04/08/content_243650...

Likely because they are still in college, and China would rather want the leaders in their fields to work for them instead, and also teach the newly graduated to take it from there?
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