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Calvin's avatar

The economics is key reason since the Chinese are very pragmatic people. However is not the decline of the West, rather the rise of the East that's luring promising Chinese students. Many Asian universities & schools are rising in global rankings like in Japan, Hong Kong, Macau, Singapore and especially mainland Chinese schools.

So there is diminishing returns especially going too far that's much more expensive. In addition there are lots of "scary trends for Chinese parents", which is the Woke & gender agenda and political participation & inclination of US & UK universities.

Yanyu 煙雨's avatar

The haigui salary premium collapsing from 268k to 204k yuan while the study-abroad budget hits a 12-year high is such a striking combination — people spending more to get a credential that’s worth less. And the irony of the piece is right: the countries most suspicious of Chinese students may be watching them leave and calling it a win while quietly losing something they never thought to protect.​​​​​​​​​​​​​​​​

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