China's new K visa beckons foreign techies

Stem grads eligible without a job offer

- EDUARDO BAPTISTA

The Chinese and American flags are seen through broken glass in a photo illustration.

(REUTERS)

China's new visa programme aimed at attracting foreign tech talent kicks off this week, a move seen boosting Beijing's fortunes in its geopolitical rivalry with Washington as a new US visa policy prompts would-be applicants to scramble for alternatives.

While China has no shortage of skilled local engineers, the programme is part of an effort by Beijing to portray itself as a country welcoming foreign investment and talent, as rising trade tensions due to US tariffs cloud the country's economic outlook.

China has taken a series of measures to boost foreign investment and travel, opening more sectors to overseas investors and offering visa waivers for citizens from most European countries, Japan and South Korea among others.

"The symbolism is powerful: while the US raises barriers, China is lowering them," said Iowa-based immigration attorney Matt Mauntel-Medici, referring to China's new visa category, called the K visa, which launches tomorrow, Oct 1.

'EXQUISITE' TIMING

The K visa, announced in August, targets young foreign science, technology, engineering and mathematics (Stem) graduates and promises to allow entry, residence and employment without a job offer, which could appeal to foreign workers looking for alternatives to US job opportunities.