The new Chinese analysis and Chinese K Visa seek foreign technology talent as the US marches H-1B fee

Provided by Eduard Baptista

Beijing (Reuters) -The Chinese Visa Program, which aims to attract foreign technology talent, begins this week. It was a step seen by increasing the fate of Beijing in its geopolitical competition with Washington, as a new US visa policy encourages applicants for alternatives.

Although China is full of qualified local engineers, the program is part of Beijing’s efforts to depict itself as a country greeting foreign investment and talents, as the increasing trade voltage due to US tariffs is clouding the country’s economic perspective.

China has taken many measures to strengthen foreign investment and travel by opening up more sectors to foreign investors and offering visas to the citizens of most European countries, Japan and South Korea.

“Symbolism is powerful: although the US causes obstacles, China reduces them,” said Matt Mauntel-Medici, an immigration lawyer in Ajova, specifying a new category of Chinese visa, called “K Visa”, which begins on Wednesday.

“Exclusive” time

August The “K Visa” is dedicated to young graduates of foreign science, technology, engineering and mathematics (STEM) and promise to allow, live and employment without a job offer that could be enjoyed by foreign workers looking for alternatives to US job opportunities.

Earlier this month, Trump’s administration said it would ask companies to pay $ 100,000 per year for H-1B employees, which technology companies widely use to hire qualified foreign employees.

“The US has undoubtedly shot H-1Bs, and the Chinese K visa time is a great time,” said Michael Feller, the chief geopolitical strategist.

Other countries, including South Korea, Germany and New Zealand, also release visa rules to attract qualified migrants.

Immigration experts say that the main highlight of K Visa is not required by a supporting employer, which was considered one of the biggest obstacles to H-1B visas.

The H-1B visa requires support for employers and is subject to a lottery system, which contains only 85,000 slots. The new $ 100,000 fee may even determine the first time applicants.

“It is an attractive alternative to Indian STEM professionals seeking flexible, simplified visas,” said Bikh Kali Das, a student at Indian University in Sichuan.

India has so far been the largest beneficiary of the H-1B last year, accounting for 71% of the beneficiaries approved.

Language obstacles and unanswered questions

Despite the promise, “K Visa” faces obstacles. The Chinese Government Guidelines mention the unclear requirements of “age, education and work experience”.

There is also no information about financial incentives, employment facility, permanent residency or family sponsorship. Unlike the US, China does not offer citizenship to foreigners except in rare cases.

The Chinese State Council did not respond to the request to comment on the Logistics and Basic Strategy of K Visa.

Language is another obstacle: most Chinese technology firms operate in the Mandarin language that limit non -Chinese speakers.

Experts said the political tension between Delhi and Beijing could also become a factor that could limit the number of India visa applicants, China wants to agree.

“China will have to ensure that Indian citizens feel welcome and can do meaningful work without tangerines,” Feller said.

Q whole: To whom is an alternative?

The recruitment of Chinese talent was traditionally concentrated in Chinese scientists abroad and Chinese abroad.

The latest efforts include subsidies at home and signing bonuses up to 5 million yuan ($ 702,200). They received US -based STEM talent, especially the growing Washington check -in with China.

“Employment efforts focused on Indian technology talents in China are growing, but remain moderate compared to more intense, well-established and well-funded initiatives to repatr for repatriate Chinese STEM talents,” said Sichuan University DAS.

The Chinese STEM graduate, who recently received a job offer from the Silicon Valley Technology Company, was also skeptical about the prospects of K Visa.

“Asian countries like China do not rely on immigration, and local Chinese governments have many ways to attract household talents,” he said, refusing to be named for the reasons for privacy.

There are more than 51 million immigrants in the US – 15% of its population – compared to just 1 million foreigners in China, less than 1% of its population.

While China is likely to change its immigration policy significantly to allow millions of foreign workers, analysts say that the k visa can still increase the fate of Beijing in their geopolitical competition with Washington.

“If China can attract even the global talent talent, it will be more competitive with state-of-the-art technology,” Feller said.

(1 USD = 7.1201 Chinese yuan Renminbi)

(Eduardo Baptista Messages; Edited by Miyoung Kim and Lincoln Feast.)