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Executives from China urge students in US to come home

Attendees at University of Pennsylvania summit told that their skills are now in high demand back in China

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Chinese Graduates of Columbia University attend their commencement ceremony in New York. Chinese firms are seeking to lure overseas students home. Photo: Xinhua

Executives at Chinese companies want their young, US-educated compatriots back home. That was the recurring message delivered to an audience of students from China during a weekend event at one of the most prestigious universities in the United States.

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Amid a recent warming of relations between Beijing and Washington, helped by a summit between the two countries’ presidents earlier this month, Chinese companies are scrambling for American resources. And it’s no longer exclusively about technology and natural resources.

Increasingly, Chinese firms want the full range of skills available only by repatriating people.

“We really hope that going back home will be your first choice because many industries in China need you,” Zhou Xin, the chief executive officer of New York-listed E-House (China) Holdings, told students attending the Penn Wharton China Summit.

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It was organised by Chinese students attending the University of Pennsylvania’s Wharton School in Philadelphia.

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