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Can China benefit from foreign talent as US H-1B changes cause chaos?

CNBC · Just In
CNBC
CNBC
Just In

China is rolling out the "K visa" from October 1 – its own kind of "H-1B" visa to court global talent as the US hikes it fees. Elaine Yu talks about what Beijing could gain.

Breakdown
  • US announces higher fees for new H-1B visa applicants, sparking concern among foreign workers. 4s
  • Chinese professionals are the second largest group of H-1B recipients after India. 9s
  • Fee increase applies only to new applicants, not current H-1B holders. 22s
  • China introduces a new K visa to attract young science and technology talent. 1m 13s
  • K visa streamlines the process and removes the need for a domestic employer invitation. 1m 29s
Foreign AffairsEmployment