CNBC’s The China Connection newsletter: China’s K-visa plans spark worries of a talent flood

CNBC ^

[Tench_Coxe]

Immigration anxieties and a challenging job market have sparked an online backlash over China’s latest attempt at attracting global talent — a new visa program announced in August.

The program, which was rolled out on Wednesday with the aim of attracting foreign professionals, will also test how China balances its immigration policy with its pursuit of technological ambitions.

Under the new rules, young graduates — in the fields of science, technology, engineering and mathematics or STEM — no longer need backing from a local employer and can enjoy more flexibility in terms for entry frequency and duration of stay.

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TOPICS: Miscellaneous
KEYWORDS: aliens

[Tench_Coxe]

Article goes on to hint that China is doing the good things, while Trump is bad.

Bet the K Visas won't (unlike H1-b):
Result in a certain ethnic group scamming the system and bringing in cheap, unqualified labor with inflated resumes, resumes which have a lot of buzzwords and claimed depth of experience that doesn't match years in the field.
Won't be used as a way to suppress wages
Will be narrowly targetted.

[central_va]

Well Indians can go to China. Let Asians play with themselves. I real don’t GAS. Just stop the Asian colonization of America.

[posterchild]

China also does not allow ‘Jus Soli’ citizenship based on being born in China.

[Empire_of_Liberty]

All you need is a thumb drive.

[mrmeyer]

What you said