There’s No Place Like Home, According to China
The United States was once a promised land for Asian innovative up and comers in the fields of technology and science. However as economic climate changes, more and more of the inventors and great thinkers our nation depend upon are moving back to their roots, or at least figuring out a way to split their interests halfway.
In the 1980s, China granted overseas visas to innovative students who wished to continue their education in the United States, where they felt they would get the most bang for their buck. It turned out they were right, except the government caught on twenty or so years later that the set-up was starting to deplete their own nation and economy.
So what is happening now? Fed up with dot com booms gone bust, Chinese nationals are returning to their homeland with their great ideas in tow. Chinese government and private sectors will pay more for the creative minds, because they greatly respect the education and work experience received in the U.S. And since the U.S. considers to lose much of its high-tech manufacturing to overseas outsourcing, the high-paying jobs once found in Silicon Valley and other high-profile areas are drying up.
As for the United States, we are basically screwed, as we begin to contribute less and less funding to innovation and scientists, inventors, and educators of Asian descent begin to return home.