$3.8 Billion for Global Talent
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Facing brain drain, Hong Kong plans $3.8 billion 'trawl' for global talent
Hong Kong reportedly lost 140,000 workers in the last two years.
I am skeptical that $3.8 billion will be enough to compensate for the risk or fear that the CCP can and very likely will change the rules for Hong Kong at anytime.
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You'd either have to be very brave or very naive to want to emigrate to HK at this point.
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They could go after all of those tech workers that just left Chinese chip companies to maintain US citizenship…
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You may get people at the end of their careers who can put up with couple of years of a repressive situation for (maybe) good money.
Or, potentially people from underdeveloped countries that see this as a significant "upgrade" from their current situation.
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@taiwan_girl said in $3.8 Billion for Global Talent:
You may get people at the end of their careers who can put up with couple of years of a repressive situation for (maybe) good money.
I know people who've made a small fortune working in Saudi, but I think this would be different - you'd constantly be looking over your shoulder. And I doubt Hong Kong can pay as well as the Saudi's do.