Share this post

Shaun Rein

The plan to ban immigration by US President Donald Trump will be mostly hurt US tech companies who cannot recruit talents anymore, says business analyst Shaun Rein to the BBC. “Now, with the immigration ban, more top Chinese, Indian and other foreign talents will seek jobs in tech hubs globally like Shenzhen, Seoul, and Bangalore rather than Silicon Valley,” Shaun Rein adds.

The BBC:

According to Pew Research Center, almost half of immigrants live in just three states – New York, Texas and California, home of Silicon Valley, where tech giants such as Google, Facebook and Cisco are based.

“Trump’s immigration ban will hurt US tech companies’ ability to recruit the talent necessary to remain competitive and focus on innovation,” said Shaun Rein, managing director of the China Market Research Group.

“Instead of staying in America and building America’s tech prowess, top talent will return to their home countries and build the next round of innovation powerhouses.”

US companies are battling it out with Chinese internet giants such as Alibaba and ByteDance in the field of innovation.

“Now, with the immigration ban, more top Chinese, Indian and other foreign talent will seek jobs in tech hubs globally like Shenzhen, Seoul and Bangalore rather than Silicon Valley. They will push invention and innovation in software, hardware and in semi-conductors,” Mr Rein added.

More on the BBC.

Shaun Rein is a speaker at the China Speakers Bureau. Do you need him at your meeting or conference? Do get in touch or fill in our speakers’ request form.

Are you looking for more strategy experts at the China Speakers Bureau? Do check out this list.

 


Share this post