Sign up to Morning Brew for free today at https://bit.ly/mbcaspianreport2 President Xi Jinping pledged to redistribute wealth while turning up the heat on Ch...
True true, I guess it doesn't surprise me that people wouldn't want to emigrate from the US to the PRC so much as people from other places in the global south heading over there. I've heard that there's a growing African immigrant community in some Chinese cities so maybe that's the sign of a shift. Would make some sense for south/central American immigrants to head that way too probably, but it's still an ocean away, and I'm not sure if the PRC has much of an incentive to encourage immigration idk
China views itself as bursting at the seams with people. The last thing it needs is more people. Immigration is a non-starter. If you're ethnic Chinese you can enroll in the "returnee" program and they'll welcome you back home, but that's about it. You can get a "green card" if you have a Ph.D or similar or you have some badly needed talent. But a lot of people who qualify for it never get it because it affects your tax liability.
Chinese people make less money, yes, but their cost of living is a drastically lower portion of their earnings. The age of retirement is 54.
Also, turns out there are a shitload of poor Americans.
True true, I guess it doesn't surprise me that people wouldn't want to emigrate from the US to the PRC so much as people from other places in the global south heading over there. I've heard that there's a growing African immigrant community in some Chinese cities so maybe that's the sign of a shift. Would make some sense for south/central American immigrants to head that way too probably, but it's still an ocean away, and I'm not sure if the PRC has much of an incentive to encourage immigration idk
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China views itself as bursting at the seams with people. The last thing it needs is more people. Immigration is a non-starter. If you're ethnic Chinese you can enroll in the "returnee" program and they'll welcome you back home, but that's about it. You can get a "green card" if you have a Ph.D or similar or you have some badly needed talent. But a lot of people who qualify for it never get it because it affects your tax liability.
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The African area of Guangzhou was broken up a while back. Last I heard they were trying to reform it in Yiwu.
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