AP reports on young foreigners who are escaping bleak job prospects in the U.S. by moving to China:
Young foreigners like Reasbeck are coming to China to look for work in its unfamiliar but less bleak economy, driven by the worst job markets in decades in the United States, Europe and some Asian countries.
Many do basic work such as teaching English, a service in demand from Chinese businesspeople and students. But a growing number are arriving with skills and experience in computers, finance and other fields.
“China is really the land of opportunity now, compared to their home countries,” said Chris Watkins, manager for China and Hong Kong of MRI China Group, a headhunting firm. “This includes college graduates as well as maybe more established businesspeople, entrepreneurs and executives from companies around the world.”
Watkins said the number of resumes his company receives from abroad has tripled over the past 18 months.
See a previous article on this topic from the New York Times.