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So...cheap labor is the solution. Good to know. It must be very convenient for Chinese companies to have a deep pool of qualified talent that is unwilling to re
by linksnapzz 4y ago
So...cheap labor is the solution. Good to know.
It must be very convenient for Chinese companies to have a deep pool of qualified talent that is unwilling to relocate in order to get a massive salary increase.
- dirtyid 4y agoMany are willing to relocate, mostly to US for SV wages, but US is increasingly hostile to PRC talent. That said, PRC pipeline generating as much STEM talent as OECD combined, too much for west to brain drain and absorb and % of talent with English fluency is limited. See recent record youth unemployment... it's not great but also not terrible problem to have. Meanwhile US has massive STEM gap but also increasing distaste for incubating PRC talent because espionage.