Chinese Economics Thread

[In4ser]

I'm still in favor of massive implementation of state run boarding schools to take away a lot of the costs and energy raising kids from parents.

It works for poor rural backwaters and the economy of scale of a more centralized system will save money through bulk discount and publicly subsidized living accommodations. It will foster stronger bonds between students, with the state and perhaps even cut down on nepotistic favoritism?

Though it can be argued that its not be as healthy as biological parents raise the kids but having these schools nearby will allow weekend and holiday visits. Besides with how busy parents are these days, how much time and energy do they have any ways outside of those times?

 

[ZeEa5KPul]

Not the demographics thing again. Even barring any rebound in TFR (which will naturally happen as population declines and wealth concentrates through inheritance), automation, robotics, AI, etc. will keep things speeding along before it becomes a problem, and genetically engineered ultramarines grown in artificial wombs will be a thing before it really becomes a problem.

As for immigration, the people you would want to move to your country are already successful, well-adjusted people living in highly functional societies; they have no reason to move. The people willing to move - with very few exceptions that China's current immigration policies adequately cover - aren't.

 

[horse]

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In the midst of Trump instituting the $100k fee for new H1B applicant, it is funny to watch the India media suddenly getting interested in China's K Visa.

I think it's generally a good idea. You want to make it easy for young talent from surrounding countries to come. It never hurts to have more smart people. Will take affect in October 1st.

Keep the Indians out. Whatever China does, in terms of having foreigners come in, that is the top priority, keep the Indians out.

India really is that bad. Once someone leaves India, they see what the outside world is like, they will never want to return under any circumstances.

It is not just the poverty, it is the lack of opportunity.

When 40% of the population are still subsistence farmers, something is deeply wrong.

 

[horse]

Its not about race. The H1B fee as it stands is only 100k/6yr. If no US company is even willing to pay 100k/6yr to sponsor a particular applicant- what do you think that implies about the talent/potential of the applicant? Considering the STEM shortage in the US, 100k/6yr is an insignificant fraction of STEM salary (150k-1,000k).

It was a scam all along.

I am not an American, I do not work in IT. Still, I can see the obvious, it was a scam all along.

Indians helping Indians, to white America's money. That is why they elected Trump, twice. Finally someone had the courage to face the truth.

Honestly, I never thought I would see a Western politician do that, let alone a leader of a Western country.

China graduates most of the STEM talent in this world for about at least a decade now, yet all the H-1B visa come from India, who does not have many world leading schools in any fields.

So, explain that situation for ourselves.

In Europe, they are paid less, so why are there not more European H-1B visas? The United States is twice as wealthy as Europe now, a trend for the last 25 years. Clearly we should have seen more Europeans on H-1B visas coming to America.

There is no rational objective explanation why there are more Indians on H-1B visas than Chinese, when China graduates that many STEM students. They can say racism or politics, but a lot of ethnic Chinese work in tech in America. (Which furthers the point of Indians helping Indians, because when did the Chinese in America ever do something this?)

So why that many H-1B from India?

Too obvious.

 

[GulfLander]

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