The U.S. Should Welcome China's Young Elites Seeking Exit
Cato Podcast
Cato Institute
4.5 • 979 Ratings
🗓️ 16 May 2022
⏱️ 11 minutes
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| 0:00.0 | This is the Cato Daily Podcast for Monday, May 16, 2022. |
| 0:05.0 | I'm Caleb Brown. |
| 0:06.0 | The United States ought to see an opportunity in the huge number of wealthy, educated young |
| 0:10.4 | Chinese people trying to escape COVID lockdowns in their home country. |
| 0:14.3 | Cato's Alex Narasta argues that if you want to drain brain power out of China and |
| 0:19.3 | boost American economic performance at the same time. Rolling out the welcome |
| 0:24.5 | mat for people escaping Chinese tyranny would be a great first step. |
| 0:29.1 | There's a lot more interest in China and immigrating now than there was just a few years ago, |
| 0:35.6 | partly because of the stringency of the COVID lockdowns in China, how extreme they are. |
| 0:41.6 | Also just partly because people are realizing, |
| 0:45.5 | Chinese people are realizing what a totalitarian system |
| 0:49.4 | that they live in. |
| 0:50.3 | I mean, since the late 70s, China has liberalized substantially is still much more |
| 0:55.1 | liberal than it was under Mao's regime but the insanity of the COVID |
| 1:01.0 | restrictions they're still doing massive lockdowns in Shanghai a city of 25 |
| 1:05.4 | million people has convinced a lot of young professionals, young educated elites, a lot of people |
| 1:11.9 | who are very highly skilled in entrepreneurial, that now is a time to leave. |
| 1:17.0 | And that they are googling and using other Chinese search engines to find ways of leaving. |
| 1:23.6 | And the Chinese authorities trying to stop them from doing that. |
| 1:26.2 | Of course, in seeming cahoots, the US authorities |
| 1:29.0 | are also making it more difficult for Chinese people to leave, |
| 1:32.2 | hold over from China Trump's policies, |
... |
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