One reason to be bullish on China
International
Students in the United States
Top 10 sending places of origin and percentage of total international
student enrollment:
Rank
|
Place of
Origin
|
Number of
Students
|
Percent of
Total
|
1
|
China
|
274,439
|
31.0%
|
2
|
India
|
102,673
|
11.6%
|
3
|
South
Korea
|
68,047
|
7.7%
|
4
|
Saudi
Arabia
|
53,919
|
6.1%
|
5
|
Canada
|
28,304
|
3.2%
|
6
|
Taiwan
|
21,266
|
2.4%
|
7
|
Japan
|
19,334
|
2.2%
|
8
|
Vietnam
|
16,579
|
1.9%
|
9
|
Mexico
|
14,779
|
1.7%
|
10
|
Turkey
|
13,286
|
1.5%
|
All Others
|
273,426
|
30.9%
|
My main idea during the last few years is that Emerging markets are not going to Emerge at all. On the contrary most of the best students want to move to the US, Germany etc... Most of the best jobs are also in the G7 countries, these countries have money to invest in R&D etc....
Nothing worth a good value is going to be invented in the EM countries because now it's necessary to have thousands scientists with Phd's etc....
There is one exception which is Singapore that did catch up. I think China might be also a surprise.
Why? They build the infrastructure, they work big time, there is almost no crime (always a distraction), no politics (big distraction ) and they send their students outside and back(Yes many go back)
I thing China could be a good surprise. All the other EM and countries in the middle will probably lag the G7 countries. People want the best and the best is not in EM.
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