Aside from geography, attracting talent from all over the world is the one edge the US has a nation over countries like China. But now the US is trying to be xenophobic like China, restrict tech import/export like China but compete against 10x population and lack of similar levels of internal strife and fissures.
The world, even Europe is looking for a new country to take on a leader/superpower role. China isn't there yet, but it might get there in a few years after their next-gen fighter jets and catching up to ASML.
But, China's greatest weakness is their lack of ambition and focus on regional matters like Taiwan and south china sea, instead of winning over western europe and india.
I can’t tell whether you think the anti-immigration stance is a good thing or bad thing.
You still can’t become a Chinese citizen. You can come to USA or Europe and build a life for yourself. While some people go to China to make some money for a few years you can’t really build a life. So I think US and Europe will still attract talent long term, and I don’t think you can discount that. China used to have the benefit of low cost labor, but that’s going away. What do they have to offer when that’s gone?
Chinas population isn’t 10x. It’s 4x. If you believe the numbers (the idea that local governments over report is not a fringe theory).
But it’s really only the wealthy coastal regions that matters in this comparison, and in that regard the population sizes are much closer. Yeah they can exploit cheap labor from the poor interior. But the US is doing something similar in some ways with central/southern America. The Hukou system means that China does act like a bunch of separate states in many regards, rather than one truly unified country.
> You still can’t become a Chinese citizen.
This is untrue.This Wiki page says: https://en.wikipedia.org/wiki/Chinese_nationality_law
> Foreign nationals may naturalize if they are permanent residents in any part of China
More specifically: I recall living in Hongkong and learning about non-ethnic Chinese people (usually South Asians) who became Chinese citizens to acquire a Hongkong passport. The process required them to denounce all existing citizenships. In the eyes of HK and mainland gov'ts, those people are Chinese citizens with HK PR and carry HK passport. The candidates needed to demonstrate sufficient language skills in either Cantonese or Mandarin. (I'm unsure if other regional languages were allowed.) > You can come to USA or Europe and build a life for yourself.
There is a tiny minority of foreigners who do this in mainland China, as well as Japan, Korea, Taiwan, Thailand, Cambodia, and Vietnam. Usually, they come to teach English, then marry a local and "build a life". Some also come as skilled migrants. > Yeah they can exploit cheap labor from the poor interior. But the US is doing something similar in some ways with central/southern America.
I don't follow the part about the US exploiting LATAM labour. Can you explain more?