Core Viewpoint - The article discusses the implications of Trump's new immigration policies, which commodify immigration rights, contrasting them with China's emerging talent attraction strategies that prioritize skilled individuals over financial capability [2][4][10]. Group 1: U.S. Immigration Policy Changes - Trump signed two executive orders introducing high-priced immigration options, including a "gold card" for $1 million and a "platinum card" for $5 million, effectively turning immigration into a marketable commodity [2]. - The new policy raises the cost of H-1B visas to $100,000, creating uncertainty for tech companies and their employees, leading to concerns about project continuity and talent retention [6][12]. - The financial sector is also affected, with major banks like JPMorgan and Citibank seeking legal advice due to potential disruptions in their core project teams caused by the visa price hikes [6]. Group 2: China's Response and Talent Attraction Strategy - In response to U.S. policies, China announced a new K visa program aimed at attracting global youth in technology, emphasizing talent over wealth [8][10]. - China's immigration strategy focuses on creating an attractive ecosystem for skilled professionals, contrasting with the U.S. approach that prioritizes capital [10][12]. - The number of foreign visitors to China has significantly increased, with over 13.64 million entries in the first half of the year, reflecting a long-term strategic focus on talent acquisition [10]. Group 3: Global Talent Dynamics - The article highlights a shift in the global talent landscape, where the U.S. is no longer the sole destination for skilled professionals, as evidenced by a growing interest in opportunities in China [4][16]. - A survey indicated that 75% of U.S. researchers are considering leaving the country, signaling a potential structural talent loss in the U.S. tech ecosystem [12][14]. - The contrasting strategies of the U.S. and China represent a deeper national strategic competition, with implications for future innovation and economic development [14][16].