China’s K-visa plans spark worries of a talent flood

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In accordance with new rules, young graduates – in science, technology, engineering and mathematics or root areas – No need to get support from a local employer anymore And it can enjoy more flexibility in terms of frequency of entry and stay.

The “K-Visa” keyword-As the new visa category of China-was among the best searches in Social media site Weibo for days, as it set out for millions of weeks before talking about the national day traffic congestion.

Chinese social media users argue that the new visa bends the playground towards foreign graduates at the expense of those who are educated in China. Others in Weibo warned that without employer’s sponsorship, the program can invite fraudulent applications and open the door of increases from developing countries and can pressure on a tense labor market.

“Verifying local degrees is already difficult enough to verify local degrees.

Reaction is an unusual sharp reply He rejected the criticism as “misleading” and “narrow -minded”. A masterpiece in People’s Daily argued that China lacks the high -level abilities to sharpen the technological edge and left aside the fear of excessive migration.

Hu Xijin, the open oral chief editor of the nationalist painting Global Times, called the public reaction as the “messaging problem”, and that the Chinese population of the expatriates constitutes only 0.1% to 0.2% in the United States, 15% in the United States

Beijing’s focus on establishing foreign capabilities is a complete contrast with Washington, which has recently brought visa restrictions, which makes it difficult for the US to work behind the US in some key areas such as the US semiconductors and biotechnology.

Geopolitical Risk Advisory Group Chinese Director Dan Wang said that China’s K-visa export “he expects him to strictly control a small number of and solid criteria”.

The discussion comes at a time when the labor market of China is worsening, and in August, urban unemployment rate It has risen to its highest level since February.

In addition to an incompatibility between numerous educated workers’ supply and white -collar openness shortage 12.2 million university graduates – Record is high – this year is entering the labor market.

Official Youth Unemployment Rate 18.9% increase in AugustThe highest number since the new registration holding system entered into force in 2023, except students.

Nevertheless, the new policy, led by state -supported capital, will target the “best technology capabilities” with a limited impact on the wider labor market, the fear of exposure to the flooding of the local labor market, the Shanghai -based FG Venture economist will have an extremely swollen effect on the larger labor market by investing in semiconducts and AI segments.

With Beijing Certain Details Not Published He points out that China has become more open to the world about who will be suitable for the program or whether to get official employment in the country.

In the meantime, the US, President Donald Trump H-1B visa applicants for a fee of $ 100,000 for the US has closed itself, which makes American companies bring talented foreign workers more expensive.

From semiconductors and clean energy to advanced production, AI and Biotechnology, sectors connected to the US with strategic competition will be the most tugging under China’s new visa while trying to create an advanced technology ecosystem.

Bin It is very important to win more American engineers, a chance to exhibit the superiority of Beijing’s system, Eu Eurasia said, Wang said that while India has a large engineer pool, she added that political and cultural sensitivities can limit their approval.

A biotechnology veteran who spent about 20 years in global pharmaceutical companies and currently operating a research center in Shanghai, admitted that he could attract more Chinese Americans to China, which is still confronted with a “Bamboo Ceiling” that still limits K-Visa’s career progress in US companies. The person wanted to stay anonymous because of confidentiality concerns.

Although it points to more openings to global abilities, politics does not represent a comprehensive liberalization of China’s immigration approach. China has historically maintained strict immigration policies, and low -skilled workers tightly attributed to limited ways for permanent residence for foreigners.

Washington-based consulting partner George Chan wants to use K-Visa to bring more talents, but the final goal is to rely on China’s future technology capacity.

“Making mistakes: This is not an open invitation, but a highly calculated move by China,” Alfredo Montufar HELU, General Manager of Advisory Greenpoint in Beijing. He said. “The aim is not mass recruitment [but] Strategic acquisition of exceptional individuals who can sharpen China’s competitive advantage. “

Asian Group’s partner and East Asia and Pacific Affairs Deputy Foreign Minister Daniel Critenbrink, the United States and China’s White House with other trade partners of the trade partners can not reach a wider trade agreement, he said.

China Beige Book CEO Leland Miller joined the “Squawk Box” to discuss the state of the Chinese economy, the US-China trade talks, the future of Taiwan independence and more.

US Interior Minister Doug Burgum joined “Power Lunch” to discuss President Donald Trump’s coal rental plan, US energy security and the AI ​​race with China

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