Louis Giokas
China Observer
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Comments by "Louis Giokas" (@louisgiokas2206) on "Run! Is China Going to Cut Itself off From the World? | China's Close-Door Policy | Capital Outflow" video.
Decades ago, in a satirical magazine, China was represented on maps as the "great big empty spot". It looks like this could happen again.
I have known people who, when young, went through the Cultural Revolution. They escaped to the US and have become very successful in the US. One, who I was close to, was the head of the CS department of a university in Chicago. He ran a very prestigious lab. I worked with him a lot as the head of the Computer Society of the IEEE locally. He was made a fellow of the IEEE for his work. China has lost many people because of the restrictions of their system. These people are generally major contributors to the countries they emigrate to.
Just look at what Russia is going through right now. The numbers I have heard is that over 300K Russians, many with advanced technical skills, have left. The strength of the West is the openness of its system and the diversity of its people. This is especially true of the English-speaking countries, including the US, Canada, the UK and Australia. I have a lot of experience of this, including living in the US (where I was born) and the UK. I have also worked extensively in Canada. Most of Chinese industry was set up by Western companies, not by the Chinese. Many were even set up by Taiwanese, Japanese and Koreans. If China accelerates the decoupling, they will go down the tubes, as the saying goes.
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