Some1 merely reportingâŚ
Brain-washed free thinkerâs commentâŚ
Comment by a random blogger who did some DDâŚ
Perspective. Far better than @manch scared mongering.
310,000 in 2022 is only 0.35 of 870,000 in 1992.
In the 1980s and 1990s, when China was poor, its best and brightest sought to study and work â and stay â in the West. Emigration, on net, peaked in 1992 with more than 870,000 people leaving the country, according to the United Nations. That number fell to a low of roughly 125,000 in 2012, as China emerged from poverty to become a tech power and the worldâs second-biggest economy.
The Chinese government worked hard to keep them, rolling out incentives to lure back scientists and other skilled people. In 2016, more than 80 percent of Chinese who studied abroad returned home, according to the Ministry of Education, up from about a quarter two decades earlier.
The trend has reversed. In 2022, despite passport and travel restrictions, more than 310,000 Chinese, on net, emigrated, according to the U.N. data. With three months to go this year, the number has reached the same level as the whole of 2022.
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Ms. Zhang, 27, a computer programmer, felt the hustle culture of Silicon Valley was too similar to Chinaâs grueling work environment.
Exactly! Work in startups for a few years or until IPO/SPAC⌠quit and go to Austin for work-life balance.
âŚthey had started thinking of leaving the country after China amended its Constitution to allow Mr. Xi to effectively rule for life. The âzero-Covidâ campaign, with nearly three years of constant lockdowns, mass testing and quarantines, was the last straw for many of them.
Selfish and weak-minded leave.
This is what you are celebrating? Letâs see.
China GDP per capita in 1992: USD $366.
China GDP per capital in 2022: USD $12,720.
So GDP per capita grew 35X. And yet 310K people still chose to leave.
Thatâs true though. People who left Bay Area for Austin are selfish and weak-minded.
US should do more to get more of these tech professionals. From the article, except for that woman who went to Norway, everyone wanted to move to the US. One even said he âidolizesâ America.
But then I came across a comment on Twitter that makes me feel less bad. People who moved to Canada, if they are ambitious and have great technical skills, will eventually find their way to the US using the L visa. Canada is like a staging area for US. We still get these âbrightest mindsâ, just in a more roundabout way.
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Canât convince, confuse 
Thank you 
Dream on. You donât get the hint 
Read between the lines.
Essentially a structural mismatch. Too many going for higher education but high paying jobs are not created fast enough. Plenty of lower pay jobs that these pampered elite graduates donât want, prefer to lie flat and become full time children.
Sounds just like the US. They are living the American dream while being in China.
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Young Chinese are heavily influenced by Americans. Many of them worship American culture. Is worrisome for CCP.
Itâs a huge reason the Berlin Wall came down. Freedom is a thing. I have zero clue why so many Americans are hellbent on less freedom. I guess a lot of people donât trust themselves and know they make poor decisions. Even the bad government decisions are better than their own.
https://x.com/WallStreetSilv/status/1721375435538211201?s=20
Following @manch line of thought, above is a Chinaâs issue.
I think the biggest issue is kids compare themselves to where their parents are today. They donât compare to where their parents were when they were starting out.
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Where I started out? Can only eat chicken 1-2 times a year. Now, can eat sashimi every day.
They actually have it way easier with investing. There are no commissions. They can do fraction shares. There are tons of low cost ETFs. Remember mutual funds and their crazy fees? Paying $50 to to buy or sell a stock was the norm. Min wage was $4.25 when I started working. Now itâs effectively $15/hr and $20/hr a lot of places. I think there are certainly some majors that havenât kept pace. The gap between STEM and other degrees has really grown.
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Temporary. Should reverse. How long, not sure. May be in 5-10 years.
If China has too many college graduates, you know who to blame.
China has expanded college admissions in recent years:
- Annual college enrollment: Increased more than nine times from 1 million in 1997 to more than 9.6 million in 2020
- Number of higher education institutions: Increased from 1,020 in 1997 to 2,738 in 2020
- Gross enrollment rate: Increased from 3.4 percent in 1990 to nearly 58 percent of related age groups in 2021
- Number of masterâs candidates: Increased by 189,000, a nearly 25 percent increase, to ease unemployment
- Undergraduate slots: Increased by more than 300,000
CCP expanded college enrollments almost 10x in the last 20 years. What do you expect Chinese parents to do? When everyone with an IQ above 90 go to college?
There are some historical and cultural contexts in China that Westerners donât grok. Since the Sui Dynasty institutionalized civil exam around 600AD, studying and passing exams has been the only way to move up for ordinary Chinese, well for men anyway. This has been true for the last 1500 years and is still largely true today. Basically imperial Chinese rulers make a deal with their subjects: channel all your creativity and energy into studying all these useless books, donât spend time thinking those naughty thoughts why I am in power and you are not, and if you pass all these stupid exams I will give you wealth and fame.
Still explains today why Chinese, and East Asians in general if they adopted the Chinese civil exam model way back when, are so keen on colleges and exams.
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As a Singaporean, I donât blame government and peer pressure. Blame myself.
Really? I donât see any evidence of that.
Instead I see you blame America and the West for whatever problems China has. Itâs always Americaâs fault, never Chinaâs, and esp never the CCPâs fault. They are perfect.