There will always be some other people who would have taken advantage of the situation to start a similar company.
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Now you're talking about a different subject matter. Per my original response to Petrolicious88, all I pointed out was that those super rich they mentioned didn't become rich and famous overnight. Most of them had unremarkable (or as far as you're willing to define it) beginnings and weren't trust fund babies who inherited a family empire.
I merely pointed out the fallacy in recruiting the likes of Bill Gates or Elon Musk as an immigration policy since they weren't billionaires from the get go, and as such there's no way to know who amongst the immigrant population would one day become such a billionaire, if at all, who would benefit the society at large to such an extent that would, as pointed out by Bellum_Romanum, make this whole exercise worth China's while, specifically.
For some reason the conversation then got sidetracked by a fixation on whether Bill Gates was a "nobody" pre-Microsoft... and here we are.
I am not sure this best and brightest concept works in real world. sure there will be few billionaires and few thousand millionaires created but we dont know excess money supply is worth it as there is no physical asset increase. i mean real assets not created with imported mineral and components. importing unlimited software developers, engineering design teams will increase underlying problem to get worse as these people will need to eat, use energy and products made else where. it also creating inequality as new immigrants will need to be paid higher income to attract them. what can those wealthy and bright immigrants do to solve basic problems of society?
Germany/Italy/Turkey have few foreign billionaires and they have been integrated in engineering for too long.
US trade deficits and energy costs for domestic consumer are not decreasing despite huge investments in energy there is assumptions that Oil/Gas maybe taking skill labor from manufacturing. as there is dependence on Germanic engineering when complex repairs has to be shipped to Germany or Italy. it can create foreign entanglements too much trade with other countries.
That's what makes me feel uncomfortable. Many foreigners teach English in China, they come from Philippines, Armenia, Africa ... their skills are very poor, their pronunciation is not standard, but their salary is much higher than native colleagues , just because they are foreigners
Many foreign teachers have flirted, charming, even rape, forcing Chinese girls to have sex with them. Those who have failed, lazy and could not have a good job in the West, quickly became a teacher in China just because they knew foreign languages. And most recently, a black teacher killed a Chinese student because she didn't accept his flirt.
On YouTube, there are several extreme Chinese anti-channels. Founded by foreign teachers. People who come to Chinese teach English, then flirt and marry a Chinese girl, and now he earns more income with Youtube channel - insulting - China
It is in the field of education, not taking into account foreigners in other service and industrial industries
PeoplesPoster
Junior Member
Somehow the recommendation of attracting global talent can benefit China gets interpreted as “China can’t innovate due to lack of freedom” lol.
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It does not seem to be a big deal.
A lot of foreigners work in China. Many of them in many places.
One piece of anecdotal evidence.
I agree.
Using immigration to fix demographic problems is only a temporary fix. Even ignoring the social/cultural aspects of mass migration, migrants themselves get old.
The western world has done it from various regions of the world since post ww2 pretty much. It hasn't solved the problem, and there is a continuing need for more immigration.
Well, the second quote is kinda meh - if China is interested in improving QoL of Chinese people, then it will naturally become a №1 economy. And I sure hope that the government will work on further improving that.