Because incorrect location dots are so frequent here that every_single_time you order an Uber, the driver will phone you and ask you where you are (e.g. cross streets, landmark, ...).
If you don't speak Chinese, then you're going to have a hard time replying.
The guy went on to lead China's missile and aerospace program, but it was almost certainly because he had his life destroyed in the US first.
The 50th Secretary of the US navy, Dan Kimball said, "it was the stupidest thing this country ever did. He was no more a Communist than I was, and we forced him to go."
the real reason is because Amazon wants to do business in China, so they absolutely cannot do something like that on their end without getting blacklisted by China's government.
I'm not someone that drinks the startup koolaid by any means, but I agree with them that working for a large company has very limited value if your goal is to start your own company.
I worked for one of the biggest tech companies as a developer, and I learned no real skills in my tenure there. My responsibilities were just so narrowly focused and any knowledge I gained was specific to that codebase, which is not useful at all to potential future work.
The sad thing is, the best way to increase efficiency at that job was knowing the existing codebase better. I chose to quit instead.
The biggest benefit of a stable paycheck for a few years at a medium-sized or big corp is building your cash reserves. Even if you learn nothing in that job, having 1-2 years of savings in the bank before quitting and starting your startup will give you leverage when dealing with investors early on. You won't need to take angel or VC money to get started.
I used to be a full time software engineer for a major tech company in the US, but quit after one year. The low six figures salary wasn't enough incentive for me to stay at that job, given how much I disliked the nature of the work.
But if the salary was higher, there is a good chance that I would have worked at that job for longer than I did. So I think salary does affect labor supply, and the supply of engineering talent is not as inelastic as you may think.
Except people in China don't have to save money by putting it into a bank account. They find other ways to invest that beat inflation like people all over the world have to do. And currently in China, that's real estate.
Also, there is no practical limit to how much dollar you can get with yuan, it's called the grey market.
It's pretty astounding to me how Americans can still have such simplistic and misplaced views of how things works in other countries.
Entirely curious: has he posted that he is American before? Where are you getting that from, are are you generalizing about all Americans and not talking about the poster above?
Yes, I'm American. I'm also generalizing and simplifying because an in-depth analysis of the China scam is the proper subject of a Ph.D. thesis and not a HN comment. As lionspaw has noted, there are complicating factors like the property boom (/bubble) and the grey market for inflation-resistant currencies. These hamper the current capital controls but do not render them entirely useless.
the US sanctioned Japan when it threatened its economic dominance too.