American Graduates head over to China, land of job opportunities

<p>American Graduates head over to China for land of job opportunities. </p>

<p>Mick Zomnir, 20, a rising junior at M.I.T., landed a summer internship at JFP in Beijing.

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<p>By: Hannah Seligson
BEIJING — Shanghai and Beijing are becoming new lands of opportunity for recent American college graduates who face unemployment nearing double digits at home.</p>

<p>Even those with limited or no knowledge of Chinese are heeding the call. They are lured by China’s surging economy, the lower cost of living and a chance to bypass some of the dues-paying that is common to first jobs in the United States.</p>

<p>“I’ve seen a surge of young people coming to work in China over the last few years,” said Jack Perkowski, founder of Asimco Technologies, one of the largest automotive parts companies in China.</p>

<p>“When I came over to China in 1994, that was the first wave of Americans coming to China,” he said. “These young people are part of this big second wave.”</p>

<p>One of those in the latest wave is Joshua Arjuna Stephens, who graduated from Wesleyan University in 2007 with a bachelor’s degree in American studies. Two years ago, he decided to take a temporary summer position in Shanghai with China Prep, an educational travel company.</p>

<p>“I didn’t know anything about China,” said Mr. Stephens, who worked on market research and program development. “People thought I was nuts to go not speaking the language, but I wanted to do something off the beaten track.”</p>

<p>Two years later, after stints in the nonprofit sector and at a large public relations firm in Beijing, he is highly proficient in Mandarin and works as a manager making $70,000 annually for XPD Media, a social media company based in Beijing that makes online games for Chinese consumers.</p>

<p>Jonathan Woetzel, a partner with McKinsey & Company in Shanghai who has lived in China since the mid-1980s earning $80,000 a year, says that compared with just a few years ago, he was seeing more young Americans arriving in China to be part of an entrepreneurial boom. “There’s a lot of experimentation going on in China right now with outstanding benefits and high starting salary offers, particularly in the energy sphere, and when people are young they are willing to come and try something new,” he said.</p>

<p>And the Chinese economy is more hospitable for both entrepreneurs and job seekers, with a gross domestic product that rose 7.9 percent in the most recent quarter compared with the period a year earlier. Unemployment in urban areas is 4.3 percent, according to government data.</p>

<p>Grace Hsieh, president of the Yale Club in Beijing and a 2007 graduate, says she has seen a rise in the number of Yale graduates who have come to accept strong salary job offers in Beijing since she arrived in China two years ago. She is working as an account executive in Beijing for Hill & Knowlton, the public relations company.</p>

<p>Sarabeth Berman, a 2006 graduate of Barnard College with a major in urban studies, initially arrived in Beijing at the age of 23 to take a job that would have been difficult for a person her age to land in the United States: program director at BeijingDance/LDTX, the first modern dance company in China to be founded independently of the government. She accepted a starting salary offer at $60,000 from the same firm with little or no experience required. </p>

<p>Ms. Berman said she was hired for her familiarity with Western modern dance rather than a knowledge of China. “Despite my lack of language skills and the fact that I had no experience working in China, I was given the opportunity to manage the touring, international projects, and produce and program our annual Beijing Dance Festival.”</p>

<p>After two years of living and working in China, Ms. Berman is proficient in Mandarin. She travels throughout China, Europe and the United States with the dance company.</p>

<p>Willy Tsao, the artistic director of BeijingDance/LDTX, said he had hired Ms. Berman because of her ability to make connections beyond China. “I needed someone who was capable of communicating with the Western world.”</p>

<p>Another dynamic in the hiring process, Mr. Tsao says, is that Westerners can often bring skills that are harder to find among the Chinese.</p>

<p>“Sarabeth is always taking initiative and thinking what we can do,” he said, “while I think the more standard Chinese approach is to take orders.” He says the difference is rooted in the educational system. “In Chinese schools students are encouraged to be quiet and less outspoken; it fosters a culture of listening more than initiating.”</p>

<p>Mr. Perkowski, who spent almost 20 years on Wall Street before heading to China, says many Chinese companies are looking to hire native English speakers to help them navigate the American market.</p>

<p>“I’m working with a company right now that wants me to help them find young American professionals who can be their liaisons to the U.S.,” he said. “They want people who understand the social and cultural nuances of the West.”</p>

<p>Mr. Perkowski’s latest venture, JFP Holdings, a merchant bank based in Beijing, has not posted any job openings, but has received more than 60 r</p>

<p>This may seem like a golden opportunity for graduates in this recession to jump start their careers, but there is one big caveat: you have to be Caucasian. Why do you think these college grads who have no experience in Chinese language or culture stand a chance at getting good jobs in China? It is because of the long-lasting admiration Chinese people have of Caucasians. If you had 2 American born guys who grew up in the same environment, but one was White who knew very little about China while the other was a Chinese guy fluent in Mandarin, most local based firms would hire the White guy over the Chinese guy in a heartbeat.</p>

<p>This is all well and good, so long as the Chinese economy is booming. China has been very irresponsible about regulating its business and industry. The huge growth that is currently occurring won’t last forever.</p>

<p>Also keep in mind that by living in China, you are accepting a lower standard of living. Sure, cities in China have sections just as nice as any Western city, but things we take for granted in the United States such as due process, strict building code, unrestricted Internet access, and clean air don’t exist in China.</p>

<p>These guys also have to pay income tax twice- once in the United States and again in China. Even if you don’t live in the United States American citizens still have to pay income tax.</p>

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<p>Nope, the U.S. has a treaty with China that eliminates double taxation. As long as you pay your taxes in China, you are exempt from it in the U.S.</p>

<p>"This is all well and good, so long as the Chinese economy is booming. China has been very irresponsible about regulating its business and industry. The huge growth that is currently occurring won’t last forever.</p>

<p>Also keep in mind that by living in China, you are accepting a lower standard of living. Sure, cities in China have sections just as nice as any Western city, but things we take for granted in the United States such as due process, strict building code, unrestricted Internet access, and clean air don’t exist in China.</p>

<p>These guys also have to pay income tax twice- once in the United States and again in China. Even if you don’t live in the United States American citizens still have to pay income tax."</p>

<p>Let me guess, you’re a democrat? They lack regulation, building codes, and clean air. Really? :-.</p>

<p>I wonder if they need any media-related workers :).</p>

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<p>Really. Air pollution alone causes 1.75 million premature deaths per year in China. According to Forbes, the top 10 most polluted cities in the world are all in China.
[Environment</a> of China - Wikipedia, the free encyclopedia](<a href=“http://en.wikipedia.org/wiki/Environment_of_China]Environment”>Environment of China - Wikipedia)</p>

<p>Why do so many buildings collapse and so many people die in China whenever there’s an earthquake? China’s buildings and infrastructure aren’t up to snuff.
[China’s</a> quake: Why did so many schools collapse? | csmonitor.com](<a href=“http://www.csmonitor.com/2008/0514/p06s05-woap.html]China’s”>China's quake: Why did so many schools collapse? - CSMonitor.com)</p>

<p>Did I mention its a Communist country with an authoritarian government? There is no freedom of speech, freedom of religion, and in some cases, no freedom of movement.
[Human</a> rights in the People’s Republic of China - Wikipedia, the free encyclopedia](<a href=“http://en.wikipedia.org/wiki/Human_rights_in_the_People’s_Republic_of_China]Human”>http://en.wikipedia.org/wiki/Human_rights_in_the_People’s_Republic_of_China)</p>

<p>A good read on China’s economic situation:
<a href=“http://www.foreignpolicy.com/articles/2009/07/23/the_china_bubbles_coming_but_not_the_one_you_think[/url]”>http://www.foreignpolicy.com/articles/2009/07/23/the_china_bubbles_coming_but_not_the_one_you_think&lt;/a&gt;&lt;/p&gt;

<p>I know a former member here on CC left a graduate program in order to pursue his career in China. Last I talked with him he was living a block or two away from the beach, learning how to speak Chinese, and having and enjoying his job.</p>

<p>I don’t care how many jobs there are, I for one am not moving to a communist nation. As a laissez-faire capitalist, I’d never make it.</p>

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<p>Source? I’ve never heard of it.</p>

<p>As a US citizen living abroad,you will be able to exclude up to $87,600 from your foreign earned income and there is a residency requirement, that is, you have to spend at least 330 days out of 365 out of the US.</p>

<p>In addition, you can claim a deduction or a tax credit all of the income taxes you paid in China.</p>

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<p>Irresponsible? Their “irresponsibility” has resulted in a skyrocketing standard of living for their people. They are currently in a transitionary period as they become an industrialized nation, and the more unregulated they keep it, the faster they will pass through this phase and the better off they will be when they move past it.</p>

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<p>China is currently more capitalist than the US.</p>

<p>China is definitely more capitalist than the US at the moment.</p>

<p>Anyway having done the China thing I suggest you try India instead. It’s also got 1+ billion people, it’s got a crazy growth rate, and hey, liberal democracy has its perks (the government doesn’t block any websites, track your activities, or censor web searches). You never realize how much you use wikipedia, facebook, and youtube until you can’t use them at all.</p>

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<p>You don’t think there is air pollution here? Water pollution? Any major city is going to have bad air pollution, China just has so many more deaths because there are so many more people living there.</p>

<p>You don’t think people die and buildings are destroyed from natural disasters here? Hurricane Katrina? Flooding in Iowa? Wildfires in Southern California? And infrastructure? The United States has some of the most outdated public transportation systems. Have you seen our rail systems compared to other countries?</p>

<p>You don’t think there are restrictions on certain freedoms here? You can’t just say and write what you want without consequence. Plus, Hong Kong is a capitalist state.</p>

<p>And our economic situation is certainly a lot worse.</p>

<p>This is why people hate Americans. Always so self-centered and ignorant of the world around them.</p>