Chinese Economics Thread

[siegecrossbow]

The problem lies here: this visa only requires a bachelor's degree, which is far too low.
This policy may be a revised version of the 2020 Foreign Permanent Residency Bill, which faced significant criticism at the time. The recent K visa is seen as a revival of that bill, indicating that China's top leadership is determined to push it through. I consider this very bad news.

Therefore, many Chinese people have already sought to establish “Chinese supremacist” groups.

The issue isn't about attracting wealthy individuals; the problem lies in the influx of illegal immigrants, such as Indians using fake academic credentials. These individuals will establish shell companies in China and then gradually bring in more Indians from India.

They can’t fit in without learning the language.

 

[gk1713]

Isn't 144 policy even more easier compare to K, R or business visa?

 

[Nevermore]

They can’t fit in without learning the language.

I will continue to monitor this policy. Currently, many people are panicking, fearing that the government may next allow family members to accompany immigrants and grant permanent residency (given the precedent of the previous attempt to open up settlement for foreigners), while also worrying about the chaos that this visa liberalization might cause.

Isn't 144 policy even more easier compare to K, R or business visa?

After all, one is a medium-to-long-term work visa while the other is visa-free travel. I believe the difference is quite significant.
I forgot to mention that the 144 policy is only open to certain high-level countries.

 

[siegecrossbow]

I will continue to monitor this policy. Currently, many people are panicking, fearing that the government may next allow family members to accompany immigrants and grant permanent residency (given the precedent of the previous attempt to open up settlement for foreigners), while also worrying about the chaos that this visa liberalization might cause.

They are the same people who bitch and moan about how China is way too competitive and they won’t have kids because it’s too hard. But somehow when the government opens up for immigration they start panicking. If China is so terrible then they don’t need to worry about immigrants who won’t come.

 

[Jiang ZeminFanboy]

The topic most frequently discussed in Chinese communities is illegal immigration from India, with many citing the behavior of Indians in Canada and the United States as examples.

China introduced some African immigrants to Guangzhou long ago. Over time, their numbers grew, forming local communities that sparked significant social backlash. Years later, as China began regulating illegal immigration, the social impact of these African communities gradually stabilized.
However, this round of K visas is an exceptionally lenient visa program unlike any before, which will inevitably result in a massive influx of foreign workers and illegal immigrants. I hope this policy will be rescinded or tightened.

No Indian university is reputable enough to get past the requirements, I bet. If K VISA will be given in more than 20k per year to people outside the Chinese descent, I'll eat Indian slob food for a month, which I hate.

 

[Nevermore]

They are the same people who bitch and moan about how China is way too competitive and they won’t have kids because it’s too hard. But somehow when the government opens up for immigration they start panicking. If China is so terrible then they don’t need to worry about immigrants who won’t come.

You're absolutely right, but more people are concerned about creating a mixed immigrant society like Canada, the United States, and Europe, which would lead to significant social instability.

 

[fishrubber99]

From what I've heard of the requirements of the K visa, it sounds relatively similar to Hong Kong's TTPS visa program.

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It's a one time entry visa for 36 or 24 months, which requires the applicant to earn more than a specific amount of money annually or be a degree holder at one of the listed universities with at least 3 years of work experience (applicants without work experience are subject to a quota). The main difference between this and the K visa is that this is a one time entry visa, but the duration of stay is longer than the K visa which is 180 days, and there is also no age restriction. So there is another example in a region of China that has implemented a similar visa scheme, maybe they got inspiration from the Hong Kong visa scheme?


My view is that it's strange to explicitly roll out an age restricted visa for young people when China is going through a period of high youth unemployment, it's bound to alienate people. Maybe the government has calculated that they could poach some talented people that would've otherwise went to Europe or the US under H1B, but with the US increasing immigration barriers quickly under Trump they felt the need to introduce the K visa just as quickly without much consultation with the public. Overall it's probably not the right decision to do this now and the public backlash will force them to change the requirements of the visa or get rid of it entirely.

 

[sunnymaxi]

I will continue to monitor this policy. Currently, many people are panicking, fearing that the government may next allow family members to accompany immigrants and grant permanent residency (given the precedent of the previous attempt to open up settlement for foreigners), while also worrying about the chaos that this visa liberalization might cause.

They are the same people who bitch and moan about how China is way too competitive and they won’t have kids because it’s too hard. But somehow when the government opens up for immigration they start panicking. If China is so terrible then they don’t need to worry about immigrants who won’t come.

for the very first time, i have seen Russian expats setting down in Shanghai. which is understandable considering the War and Russia's Pivot to Asia..

the most surprising part is, number of Brazilian have skyrocketed in Shanghai in last few years.. it was used to be negligible.

Russian/Brazilians have largely replaced Germans and Anglo expats in Shanghai.

 

[wuguanhui]

I'm fine with Indian immigration as long it's pretty Indian girls of marital age willing to help fix China's demographic issues.

I'm opposed to immigration of foreign men that makes China's gender imbalance worse.

 

[manqiangrexue]

How to view China's recent rapid rollout of the K-visa.
This visa has sparked an uproar across Chinese social media in recent days, with near-unanimous opposition. The public fears Indians will flood in to replace Chinese workers.
This visa requires only a bachelor's degree, eliminates the need for domestic employer sponsorship, and permits multiple entries. Introducing such a far-reaching policy amid persistently high unemployment in China is baffling.
I share this negative stance and wonder how many illegal immigrants this will attract.

It's going to depend on how they handle the K-visa. I think it's certainly not that anyone meeting the requirements is accepted, but rather that anyone failing the requirements is automatically rejected and of those who meet the requirements, they are further screened to determine whether or not they possess some skill that would heavily benefit China to have. So in other words, it's not going to allow a flooding of the Chinese skilled labor market with more of what's there but only to introduce/supplement what we're lacking. Done this way, no one has anything to complain about.