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by maxglute
841 days ago
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Blatant is another way of saying successful. Not many countries have system in place to incentivize reverse brain drain, and even in PRC that was hard fought. It's difficult to compete with US tech wages propped up by cheap money. Big reason why PRC can get talent to come back, and with IP is because they pay accordingly and, most importantly, have system in place where that knowledge can be exploited. Another big reason is, and let's be real, East Asians have bamboo ceiling (relative to whites, south asians) in western tech/science. At some point, for some Chinese in western tech, a comfortable salary isn't enough when PRC offers appropriate senority/status and opportunity to build/lead and can compensate/execute accordingly. People aren't happy with good 6 figure salary when they think they deserve 7-8 figure. People here forget PRC "seaturtles" going back to grow domestic PRC industries is as much a PRC enticement success as US/western retainment failure. |
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Most regional powers do.
The Chinese program is based on Japan's METI, Taiwan's MEA, and Israel's MoE.
These 3 countries devised the primary reverse brain drain programs that countries like China, South Korea, Turkey, India, etc began emulating in the 2000s-2010s.