China's rising tech scene threatens US brain drain as ‘sea turtles’ return home

Re:China's rising tech scene threatens US brain drain as ‘se... by whoevercares on Monday July 15, 2019 @01:48PM (#20443311)

Working class Chinese family in many cities now could also afford a two year master program(e.g Stony Brook U only cost me about RMB 300k for the entire Master with a decent CS program). My family is just normal working class with yearly income about 100k RMB. It’s not quite accurate to attribute all masters to “Rich” because ordinary income has been flying in China

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Re:China's rising tech scene threatens US brain drain as ‘se... by ummonk on Monday July 15, 2019 @02:27PM (#20443660)

I mean, this speaks to the one child policy as well as the value put on education in Asia. From a western perspective having to spend 3x annual household income on a masters degree would be absurd.

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Re:China's rising tech scene threatens US brain drain as ‘se... by seanmcdirmid on Monday July 15, 2019 @03:08PM (#20444067)

China has a very high savings rate and often a dearth of investment opportunities for that money (a bubbly real estate market or a insider trading heavy stock market), education abroad can provide pretty good returns comparatively.

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Re:China's rising tech scene threatens US brain drain as ‘se... by whoevercares on Monday July 15, 2019 @04:22PM (#20444833)

Yep my mother was saying she can’t find a better investment opportunity than education for this 300k RMB (an awkward amount of money)

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Re:China's rising tech scene threatens US brain drain as ‘se... by seanmcdirmid on Monday July 15, 2019 @02:08PM (#20443490)

True, but then I bet those students are still more into studying STEM than their richer counterparts who are more likely studying liberal arts or biz subjects.

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Re:China's rising tech scene threatens US brain drain as ‘se... by kevin_thibedeau on Monday July 15, 2019 @02:41PM (#20443786)

Little wonder when we get "math is hard" Barbie.

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