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

reuters.com

41–50 of 110 posts

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

#41

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.

> while living costs are low.

Are you sure? From what I've seen, Shanghai real estate is comparably expensive to SF.

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

#42

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.

> while living costs are low. Are you sure? From what I've seen, Shanghai real estate is comparably expensive to SF.

Only if you buy. Rents definitely aren’t. Shanghai and Shenzhen are worse than Beijing on rents, but not incredibly so, you won’t find $4000/month one bedroom apartments unless it’s some kind of luxury skyscraper. $2000/month for a nice two bedroom is easy, you could probably go lower than that and still be in a decent location.

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

#43
post #27

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 + https isn't blocked? so there's literally nothing preventing people from visiting https://en.wikipedia.org/wiki/Tiananmen_Square_protests_of_1... ?

I'm in shanghai right now on a local ISP. I can view the page.

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

#45

Earlier quoted context omitted.

> Only about 1000 people get Chinese passport per year. How did those people earn it? Or is it just lottery based?

They were probably former Chinese citizens or Chinese descendants. China is open to immigration for Han people; e.g. during the HK handover all Han living there were granted Chinese citizenship while all non-Han were not, leading to some HK residents without citizenship in any country.

How do you establish Han-ness today, an ever shifting concept?

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

#47
post #31

Earlier quoted context omitted.

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/Nationa…

I only heard of 1500 people to ever get Chinese passport through means other than marriage since 1998

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

#49
post #6

Maybe, once Wikipedia and Gmail are available full scale.

Honestly, the blocking doesn't make any kind of sense. You can literally create a vpn from within china itself on any cloud provider and surf on anything you want, in less than 10 minutes using softwares like algovpn.

It's now a moment of truth for internet in china : either they start blocking vpns for real (although good luck doing that without collateral damage to the economy, because that would mean shutting down a ton of services), or they just open it.

My bet is that they'll open it. They have services on the same quality as US ones, some even more advanced like wechat , they're already 1 billion user strong, i'm pretty sure they'll benefit tremendously from opening the gates.

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