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Caixin Global
Caixin Global
National
Wen Simin from Hong Kong, Yang Min from Singapore and Han Wei in Beijing

In Depth: Global Student Flows are Changing as Chinese Families Seek Better Value

Attracted by generous salaries, robust research funding and a low-tax environment, some academics are relocating to Hong Kong

For decades, an American college degree was seen as a golden ticket to upward mobility among China’s affluent families. It conveyed prestige, opportunity and a fast track into global circles. But that once-coveted path is now being reconsidered.

A growing number of Chinese families are reassessing the value of Western higher education, amid rising geopolitical friction, tighter visa scrutiny and an economic slowdown at home. Once the largest source of international students to the United States and Britain., China is shifting its gaze toward Asia. In this reshaped landscape, education hubs such as Hong Kong, Singapore and Malaysia are becoming more inviting.

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