Millions of talented and educated Chinese citizens are leaving the mainland for jobs, clean air, opportunity, and other reasons. Many are leaving to protect their wealth, scared of President Xi’s new war on corruption. They are leaving also because they don’t have a ton of faith in the economy, in terms of being regulated tightly enough to protect their wealth. Those who aren’t educated are leaving for better education, and to go to a place where their talents are better appreciated.The Chinese are also leaving due to the terrible pollution conditions in China. To most health is the most important factor.
This “brain drain” has taken the attention of the government in China, who realize how serious this issue is. They have started a program called the “Thousand Talent Program” that target the top academics, scientists, and entrepreneurs to stay in China. It hasn’t been very effective and it will be interesting to see how big of an issue that this “brain drain” turns out to be.