- cross-posted to:
- technology@lemmygrad.ml
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a friend of mine was telling me about some friend of his who went to grad school in China right after college. i dunno if it was even tech, but he had studied mandarin in undergrad.
his first several years, he would comeback for the holidays and big family stuff. then he got some job there. over the years he would return less and less, until eventually he just stopped coming back to the US.
can you imagine? it sounds like something out of a fairy tale.
sounds like something out of a NYTimes propaganda piece tbh. RIP your friend, the CCP got to him
Staff with access to sensitive Zeiss know-how received LinkedIn messages, emails and calls from Huawei representatives, offering them up to three times their salaries to join the Chinese company, according to people with knowledge of the situation.
3x? LOL ok if they came to me with that id be willing to degrade myself for the position. xi pls
Also, it's 3x typical tech wages. Even outside the typical tech hubs, that's still a high paying position, and you'd be making that much in a country with a massively lower COL.
: "Whoa....I'm richer than ever...I have been having the best past five years of my life! I think....I think...."
: "I'll fire everyone and have those that remain pick up the slack, clearly I don't need so many workers!"
: "Hello western tech workers, did you get burned by porky? Here, come work with us."
: "Whoa whoa whoa....that's MY reserve army of labor to sit on and do nothing with!"I don't have any marketable skills but you could hire me as a western jester. If you tell me to dance like a monkey I'll do it. Please China, please 🥺
It's a brilliant use of their dollar reserves. Ya know, beyond issuing bonds in USD
State funding for Chinese companies enables them to offer salaries beyond what Western companies can pay.
The West has been poaching talents from the Global South since the past century, luring them with strong currencies like the dollar and euro, and at the same time still manage to use them to drive down the wages of domestic labor because immigrant workers are willing to work much harder at a lesser pay that is still relatively lucrative compared to their home country’s salary.
Global South countries have spent innumerable resources and decades of effort to cultivate their best and brightest youth and gifted them scholarships to study overseas at top universities in the West. Many of them would get job offers in Western companies and chose to stay there. The West gets to poach all these talents at virtually no cost.
Make no mistake, this is a form of financial imperialism - the use of its strong currency to create brain drains in the Global South, which further impedes the latter’s ability to develop their own technological and economic sovereignty.
Every year, nearly 600-700k Chinese students go abroad to study in the US alone, and many of them hoping to get their green cards eventually and living out an American dream. If it weren’t for the blatant racism and forcing more and more Chinese students and workers to return from overseas, it would have been a brain drain on China’s part, to the benefit of the American empire!
i request bombardment by job offer, yes on my position please. danger close is a risk im willing to take
I guess that's the natural outcome of underpayment. The west should be freaking out.
