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CNBC's The China Connection newsletter: China's K-visa plans spark worries of a talent flood

1. China's new K-visa program aims to attract global STEM talent. 2. Public backlash concerns impact on local job market and opportunities. 3. China faces high youth unemployment, reaching 18.9% in August. 4. Pursuit of foreign talent contrasts with U.S. restrictive visa policies. 5. Chinese state media dismisses backlash, emphasizing need for high-level skills.

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FAQ

Why Bullish?

China's investment in STEM talent supports technological growth, potentially benefiting V's global ambitions.

How important is it?

The article highlights strategic initiatives in China that could influence competition in tech sectors relevant to V.

Why Long Term?

Sustained foreign talent influx could enhance China's tech ecosystem, positively affecting V over time.

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