China Faces Ongoing Brain Drain

By Zhang Dun. In recent years, China has not only suffered major capital outflows and an ever-rising number of emigrating entrepreneurs, but also a drain of its talented individuals. China’s loss of top talent is the highest in the world, and this could be due in part to widespread corruption and ongoing persecutions being carried out by the communist regime.
“China tops the world in terms of brain drain, particularly in the fields of science and engineering, where an estimated 87 percent of talented individuals choose to stay overseas,” said an official from mainland China’s Office of Central Talent Work Coordination Group.
The official stressed that China is still severely lacking in terms of the size, composition, and quality of its local talent pool, especially when compared to the country’s current economic and social needs, as well as the talent pools of other countries. Some key issues he listed were a lack of innovators and entrepreneurs, a highly disorganized talent pool, and difficulties in nurturing talented individuals within China due a lack of investment in talent development and other existing obstacles. Read more...