Chinese Economics Thread

[manqiangrexue]

R visa is designed for foreigners who are highly talented or have urgently needed specialized skills, skills that are in short supply among Chinese workforce. When there is an actual shortage, Chinese public would welcome foreign talents. In other words, if the concern is truly about skills or talents, existing R visa already has it covered. There is a little need to create a new visa with much relaxed requirement.

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Since K Visa applicants don't need job offers or invitation letter from Chinese companies, I question their competitiveness in an already crowded domestic job market. For truly talented individuals or workers with in demand skills, Chinese firms would have headhunted, provided them with job offers/invitations or even promise funding before the whole visa process. Chinese employers would have comfortably managed the R visa process for talented foreigners.

So it's basically another fully government controlled visa for talented young STEM personel to be vetted and accepted for short term work in China if they pass. I see absolutely no reason to freak out or even have a heavy reaction.

Who knows maybe some of those aborted children could turn out to be great innovators and helped to create new industries that manage to reduce Chinese domestic unemployment. As s result, Chia would not have record youth unemployment.

Or maybe someone who immigrates to the US and invents 7th gen fighter jets... or a murderer who would have killed one of our best scientists on our nuclear program or quantum computing project, eh?

We are both arguing hypotheticals really just coming from opposite directions.

Yeah I know, cus you started it with that Isaac Newton crap. It all just actually balances out with no "what ifs."

For many Chinese, single child policy was privately justified as a sacrifice they endured for a better developed china, something they would enjoy/benefit. A kind of social contract between Chinese people and CCP.

Good deal, that's how I understand it.

Creating a less stringent visa without public consultation when R Visa already exists is seen as a betrayal. Many Chinese don't believe these potential immigrants have earned the same benefits given the preferential treatments foreign students have already received. They believe Chinese locals deserve to be better treated after making extraordinary personal sacrifices. That's why there is so much anger.

What public consultation??? How is that expected to be done? The CCP always makes its own analysis, implements policies from its own data and adjusts as we go. There's no one in the public to consult. What did they expect? Polls? Public debate stages?

The Chinese government treats Chinese people well by eliminating poverty and creating an ultra modern hi-tech society from the slums of WWII for them to live in. How do they expect to be "treated better." What kind of preferential treatment are they expecting?

Their anger is at their own situation, misdirected at the government.

 

[Nevermore]

What public consultation??? How is that expected to be done? The CCP always makes its own analysis, implements policies from its own data and adjusts as we go. There's no one in the public to consult. Their anger is at their own situation, misdirected at the government.

China routinely issues draft proposals for public comment on major policy matters. In the past, new policies for certain industries have been scrapped after receiving significant opposition during the consultation phase.

 

[Nevermore]

Oh thanks, I didn't realize that. So they skipped this phase this time? If that's the case, I wonder if they did it to expedite the visa as a way to quickly suck up disgruntled tech workers in the US.

Yes, this policy revision differs from past ones in that it skipped the consultation draft stage.

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Everyone can read this press release, which is today's official response.

 

[Wrought]

If folks are done being stupid, the September PMI was released today. Manufacturing ticked up to 49.8 (still underwater), non-manufacturing ticked down to 50.0 (flat) and composite ticked up to 50.6 (positive). Overall basically a wash, but momentum is in the right direction at least.

9月份，制造业采购经理指数为49.8%，比上月上升0.4个百分点；非制造业商务活动指数为50.0%，比上月下降0.3个百分点；综合PMI产出指数为50.6%，比上月上升0.1个百分点，我国经济总体产出扩张略有加快。

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The RatingDog (formerly Caixin) index came in stronger at 51.2. Reminder that it surveys smaller companies compared to the state numbers.

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[Hitomi]

China is definitely not blind to the impacts of a relaxed immigration as it has frequently adapted select policies for internal use from Singapore after multiple discussions, working groups and taking advice from LKY, and has definitely seen the impacts 25 years after Singapore did something similar and even accelerated recently with the adoption of CECA.

China has also been on the other end before as immigrants in other countries, although not as negatively felt as the Indians, they definitely know the usual anti-assimilation tactics of immigrant and the better pro-assimilation policies.

The policy makers are definitely not blind to the negative impacts of mass immigration in the OECD that has been repeated ad nauseum by the far right media.

I think everyone should just take a chill pill and once again wait and see. The ones who ultimately issue the visa and have the statistics know far more than a bunch of randos on a American paper folding forum, not to mention, China has far more ways to adjust things under the table than what is stated on paper.

 

[siegecrossbow]

Legendary winology.

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[tphuang]

No one likes the black girl.

That is what I read somewhere, either from pornographic article or from sociology academic, that in American pornography industry, the black female is the least in demand.

The black girl is not wanted to put it bluntly.

Why is that?

Got no idea.

what makes you think this kind of racist obnoxious crap is tolerated here?

You will get a vacation from me the next time I see a post of this quality.

 

[tphuang]

I must say the tone of this thread has really turned quite ugly, especially against South Asians. If you have something useful to post, do so, but we don't need pages after pages of how much you dislike South Asians on a thread called "Chinese Economics Thread". I'm actually ashamed at the level of language going on here.

 

[GiantPanda]

R visa is designed for foreigners who are highly talented or have urgently needed specialized skills, skills that are in short supply among Chinese workforce. When there is an actual shortage, Chinese public would welcome foreign talents. In other words, if the concern is truly about skills or talents, existing R visa already has it covered. There is a little need to create a new visa with much relaxed requirement.

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Since K Visa applicants don't need job offers or invitation letter from Chinese companies, I question their competitiveness in an already crowded domestic job market. For truly talented individuals or workers with in demand skills, Chinese firms would have headhunted, provided them with job offers/invitations or even promise funding before the whole visa process. Chinese employers would have comfortably managed the R visa process for talented foreigners.



Who knows maybe some of those aborted children could turn out to be great innovators and helped to create new industries that managed to reduce Chinese domestic unemployment. As a result, China would not have record youth unemployment. We are both arguing hypotheticals really just coming from opposite directions.

For many Chinese, single child policy was privately justified as a sacrifice they endured for a better developed china, something they would enjoy/benefit. A kind of social contract between Chinese people and CCP.

Creating a less stringent visa without public consultation when R Visa already exists is seen as a betrayal. Many Chinese don't believe these potential immigrants have earned the same benefits given the preferential treatments foreign students have already received. They believe Chinese locals deserve to be better treated after making extraordinary personal sacrifices. That's why there is so much anger.

It is a Thousand Talents Program without the negative connotations that the West had placed on it (yet.) The government decides who comes in not companies like H1B.

Just like Thousand Talents, it will be mainly geared towards the Chinese diaspora (especially PRC citizens or former citizens educated overseas.)

The idea that there will be a flood of foreign types like in Canada or US is unfounded. It didn't happen with Thousand Talents and won't happen here.

 

[fishrubber99]

It is a Thousand Talents Program without the negative connotations that the West had placed on it (yet.) The government decides who comes in not companies like H1B.

Just like Thousand Talents, it will be mainly geared towards the Chinese diaspora (especially PRC citizens or former citizens educated overseas.)

The idea that there will be a flood of foreign types like in Canada or US is unfounded. It didn't happen with Thousand Talents and won't happen here.

There was an SCMP article about the K visa that had a testimony from a Pakistani robotics PhD candidate that is expected to graduate in January but was worried that he wouldn't be unable to stay in China afterwards, he seems like the target demographic for this kind of program.

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And my perception was that it would also be more geared towards diaspora because being able to speak and read Chinese would obviously be important for finding employment, and some diaspora don't have any immediate family members willing to sponsor them for a longer term Q visa. So this visa is probably targetted at diaspora and international students who want to stay in China after graduating so that they can find a job and possibly stay longer term.

The government just needs to do a better job of being transparent on how many people will actually be admitted through the program, what the requirements are, and how they feel justified in doing this when youth unemployment is a persistent issue.