The Economist has a post on Chinese Nationals returning to China after a foreign education and work experience. Given many Chinese Nationals have a hard time returning for a job makes you wonder how easy it is for foreign companies to do business in China.
The author did a good job of tying in the idea of Sea Turtles returning.
Plight of the sea turtles
Students coming back home helped build modern China. So why are they now faring so poorly in the labour market?
Jul 6th 2013 | From the print edition|
To read the story you need to keep in mind that the turtles are the foreign nationals returning. But, part of the problem for the returning is they picked up bad western habits. Like, transparency, meritocracy, and ethics.
As China has boomed, its managers have started to shed their inferiority complex. A senior executive at Tencent, a Chinese social-media giant, says he still poaches sea turtles from foreign firms, but finds they have difficulty managing local engineers. A European investment banker says turtles often cling to quaint Western notions like transparency, meritocracy and ethics, which puts them at a disadvantage in China’s hyper-Darwinian economy, where locals are more willing to do whatever the boss or client wants.
The article closes going back to the beginning of Mr Li who joined Huawei as an executive. His wife and children choose to live in America.
The hard truth is that Chinese abroad often have ambivalent attitudes towards their homeland. The wife and children of Huawei’s Mr Li, the seemingly archetypal sea turtle, still live in America. Rather than just shovelling out subsidies, Chinese officials might do better to strengthen the rule of law, root out corruption and clean up China’s air, water and food. Sea turtles would be sure to notice.