https://www.scmp.com/rss/512828/feed Deng Jing-Yuan is a consultant at the World Bank’s Office of the Chief Economist for the Middle East and North Africa. He was previously a commodity analyst specialising in agricultural and chemical commodities based in London. He holds a BSc and an MSc from the London School of Economics. en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com If I’m allowed to give only one piece of advice to students seeking jobs in the global market, it would be to think twice before moving to Europe. Most international students with Western degrees will be better off in the United States, developed Asia, the Gulf states or even staying at home. Europe offers low pay, high taxes and a high cost of living, with no sign of improvement after a string of crises over the past decade. For many industries, one can make a strong case for picking China... https://www.scmp.com/comment/opinion/article/3218555/young-and-hungry-europe-fast-losing-its-allure-prestigious-job-market?utm_source=rss_feed https://www.scmp.com/comment/opinion/article/3218555/young-and-hungry-europe-fast-losing-its-allure-prestigious-job-market?utm_source=rss_feed Sat, 29 Apr 2023 22:15:15 +0000 In January, Western papers clamoured to cover China’s first acknowledged demographic decline since 1961. In the space of two days, The New York Times, for example, published eight pieces on the news. Words such as “problem”, “alarm”, and “crisis” dominated the headlines. It would be wrong to only fault Western commentators for the hysteria. Chinese social media was awash with concerns for future state pensions. Even stock markets moved. Shares exposed to Chinese infant products fell on news... https://www.scmp.com/comment/opinion/asia/article/3212094/chinas-population-decline-only-small-part-larger-demographic-problem?utm_source=rss_feed https://www.scmp.com/comment/opinion/asia/article/3212094/chinas-population-decline-only-small-part-larger-demographic-problem?utm_source=rss_feed Sat, 04 Mar 2023 08:15:13 +0000 Beijing is widely assumed to be closely observing the effects of Western sanctions on Moscow. Less discussed is that the overseas Chinese community is watching how their Russian counterparts are faring. Russian expats have had their hands full since their home country invaded Ukraine. The first major nuisance came through their wallets. After both Visa and Mastercard suspended services in Russia, news emerged of Russian tourists suddenly becoming cash-strapped. Flight cancellations then left... https://www.scmp.com/comment/opinion/article/3181617/backlash-against-russians-living-abroad-all-too-familiar-anxious?utm_source=rss_feed https://www.scmp.com/comment/opinion/article/3181617/backlash-against-russians-living-abroad-all-too-familiar-anxious?utm_source=rss_feed Tue, 14 Jun 2022 22:45:12 +0000