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ARTICLE · 18 JANUARY 2019

The U.S. Continues To ACCELERATE China's Growth As A Technological Super Power

Recent media reports indicate the U.S. is quickly losing its place as the top destination for global talent.

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Recent media reports indicate the U.S. is quickly losing its place as the top destination for global talent. Economically vital areas such as California's Silicon Valley, the heart of America's IT industry, report a growing "brain drain" of skilled talent outside of the United States.1 Organizations like the American Management Association have reported that on average, approximately 200,000 foreign-born Americans return to their nations of origin every year, this brain drain "stimulated in part by lucrative government incentives, has spawned flourishing new scientific havens from South Asia to Scandinavia."2

One country that has actively encouraged both global and the return of native-born expatriate talent is China. Since 2010, the Chinese government has fostered a program called the Thousand Talents Plan that has succeeded in attracting top researchers, especially in the STEM fields, to relocate to China. While China has recently ordered its officials to quiet any

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