Reply to post: Re: China should encourage academic exchanges?

Top Chinese Uni fears Middle Kingdom way behind on tech – and US sanctions make catching up hard

martinusher Silver badge

Re: China should encourage academic exchanges?

I first came across this a few years ago when a (ex) Chinese colleague got married. To his in-laws he's the 'poor relation' because while salaries in China are similar to California both taxes and the cost of living are a lot lower.

That was a few years ago when housing was still somewhat affordable here. It was the ambition of a typical Chinese middle class household to own property here, not to live in but as a sort of hedge against unfavorable exchange rate changes. Then we got Trump, wholesale open xenophobia and the meteoric push in housing prices....and the rest, as they say, is history.

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