More Chinese-born tech workers now return home from the US for faster salary growth, no “bamboo ceiling”, and chance to work with high volumes of intimate data
An exodus triggered by abundant capital, growing innovation and flourishing career opportunities Tweets: @davidramli , @tanayj , and @davidramli Tweets: David Ramli / @davidramli : One issue is the “Bamboo Ceiling”. Despite Asian & White employees making up a similar percentage of the “professional” workforce in tech companies (think: software engineers), Asians senior executives are much rarer. http://www.bloomberg.com/... http://twitter.com/... Tanay Jaipuria / @tanayj : Interesting trend. More US-trained Chinese-born talent are moving back to China and the large Chinese companies are also expanding offices in the Valley. http://www.bloomberg.com/... David Ramli / @davidramli : Chinese students are also returning home at a record pace. Between 2012 & 2016 this figure rose by over 50%. Government subsidies are one cause. But the rise of China's tech scene is the main magnet. 3/5 of the world's biggest startups are now in Beijing. https://www.bloomberg.com/... pic.twitter.com/ivTvGbopAq